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Adani Ports & SEZ raise Rs 1,000 crore

19/10/2021 at 6:58 PM

New Delhi, Oct 19: India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) on Monday released a statement of raising Rs 1,000 crore by allotment of secured, redeemable, and non-convertible debentures (NCD) on the private placement basis.

According to PTI company said, “APSEZ has raised Rs 1,000 crores by allotment of 10,000 rated, listed, secured, redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000/- each on private placement basis,” it said.

APSEZ represents a large network of ports with India’s largest SEZ at Mundra. APSEZ Port Business is integral to its Logistics Business and is India’s Largest private port operator with presence across 12 locations.

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