Adani Ports and Special Economic Zone Limited raises Rs. 1000 crores

Adani Ports and Special Economic Zone Limited has raised Rs. 1,000 crores (Rupees One Thousand Crore only) today by allotment of 10,000 Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each on private placement basis.

The said NCDs will be listed on the Wholesale Debt Market segment of BSE Limited.

The Finance Committee meeting commenced at 1:30 p.m. and concluded at 2:00 p.m.

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 811.90 as compared to the previous close of Rs. 759.20. The total number of shares traded during the day was 1696924 in over 41565 trades.

The stock hit an intraday high of Rs. 817.45 and intraday low of 764.05. The net turnover during the day was Rs. 1343502832.00.

Source : Equity Bulls

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AdaniPortsandSpecialEconomicZone INE742F01042 FundRaising NCDs