Adani Enterprises Launches Rs1,000 Crore NCD Issue With Returns Up To 9.30% Per Annum

Adani Enterprises Limited, the flagship company of the Adani Group and India's largest listed business incubators in terms of market capitalization with a long track record of creating sustainable infrastructure businesses since 1993, has announced the launch of its second public issuance of secured, rated, listed redeemable, non-convertible debentures.

- TBG NETWORK

AEL's first NCD issuance of Rs 800 crore, launched in September last year, was fully subscribed on the first day. The second public issuance of NCDs by AEL further deepens our commitment to inclusive capital markets growth and retail participation in long-term infrastructure development. This new issuance follows the strong market response to AEL's debut NCD offering, which witnessed capital appreciation for debt investors after a rating upgrade within six months, reflecting the Group's consistent delivery and financial robustness," said Jugeshinder "Robbie" Singh, Group CFO, Adani Group.