Business EconomyPosted at: Oct 8 2025 10:24PM


Adani to raise Rs 3,000 Cr via NCDs

Mumbai, Oct 8 (UNI) Adani Enterprises Ltd is all set to raise Rs 3,000 crore by issuing Non-Convertible Debentures (NCDs), the company officially stated in a filing made to the stock exchange today.
"The Board of Directors of the company, at its meeting held today, has inter-alia approved raising of funds by way of issuance of Non-Convertible Debentures for an amount not exceeding Rs 3,000 crores through permissible modes, including but not limited to a private placement or public issue or a qualified institutional placement or preferential issue or any other method or combination of methods, as may be permitted under applicable laws, in one or more tranche(s), subject to such regulatory or statutory approvals, as may be required," according to the statement filed at the stock exchange today.
The Adani Enterprises Ltd board meeting, which was held today at 11:30 am and concluded at 12:32 pm, sanctioned the move through various permissible modes, which may include private placement, public issue, qualified institutional placement, preferential issue or any other legally permitted combination of methods.
The total amount, tenor, coupon rate and other terms and conditions of the NCDs will be decided by the Adani Enterprises Ltd board or a committee authorised by the board at a later stage.
The NCDs may be secured or unsecured as per the authorisation. The issuance will be conducted in one or more tranches, subject to the necessary regulatory and statutory approvals, according to the filing.
The exchange filing stated that there are no delays or defaults reported in payment of interest or principal on existing obligations and the details of redemption and related matters will be determined in due course.
The company has submitted the requisite disclosures as per SEBI listing regulations for record and compliance purposes, the filing mentioned. UNI XC VNS SS
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Tags: #Adani to raise Rs 3#000 Cr via NCDs
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