Adani Ports raises Rs 2.52 billion via NCDs

Adani Ports and Special Economic Zone Limited has raised Rs 2.52 billion through the issue of NCDs on a private placement basis. The company raised Rs 2.52 billion on July 4, 2016 through the allotment of 2,520 rated, listed, secured, taxable, redeemable NCDs with a face value of Rs 1 million each. The NCDs will be listed on the wholesale debt market segment of the Bombay Stock Exchange.