Adani Ports & SEZ (APSEZ) is India’s largest integrated logistics player, comprising a total of 11 strategically located ports and terminals. On Friday, APSEZ made an announcement saying that it has raised Rs 900 crore employing allotment of non-convertible debentures (NCDs). This was done based on private placement.

Along with a regulatory filing to the BSE, the company discussed the allotment and NCDs saying, “The company has raised Rs 900 crore today (Friday) by allotment of 9,000 rated, listed, secured, redeemable NCDs of the face value of Rs 10,00,000 each on private placement basis.”

The NCDs mentioned will be listed on the wholesale debt market segment of BSE Limited, it added. The country’s largest integrated logistics player APSEZ constitutes an overall 11 strategically located ports and terminals, namely Mundra, Dahej, Kandla and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Visakhapatnam in Andhra Pradesh, and Kattupalli and Ennore in Chennai.

Out of the country’s entire port capacity, APSEZ represents a significant 24%. Development is presently taking place for a transhipment port at Vizhinjam, Kerala, and a container terminal at Myanmar.