Adani Ports and Special Economic Zone has raised Rs 1,000 crore through allotting non-convertible debentures on a private placement basis.

Adani Ports and Economic Zone has said in a BSE filing that “The company has raised Rs 1,000 crore today by allotting of 10,000 rated, listed, secured, taxable, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each on a private placement basis.”

Adani Ports and Special Economic Zone (APSEZ) does represent a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.

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