Adani Enterprises raises Rs100 crore through NCDs; Stock gains 1%

20 Sep 2022 , 09:17 AM

Adani Enterprises Limited informed to the exchanges regarding allotment of Non-Convertible Debentures on private placement basis.

As per the filing, the company has raised Rs100 crore (Rupees One Hundred Crores only) today i.e. September 19, 2022 by allotment of 1,000 Rated, Listed, Secured, Redeemable, Principal Protected Market Linked Non-Convertible Debentures (“MLD”) of the face value of Rs10,00,000/- each on private placement basis.

“The said MLD will be listed on the Wholesale Debt Market segment of BSE Limited”, the company said in a regulatory filing on Monday.

On Tuesday at around 9:17 AM, Adani Enterprises Ltd is currently trading at Rs3,827.30 per share up by Rs48.4 or 1.28% from its previous closing of Rs3,778.90 per share on the BSE.

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