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Adani Enterprises Announces ₹1K Cr NCD Issue
Millennium Post Kolkata
|Kolkata 07July2025
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Sunday announced a Rs 1,000 crore NCD issue.
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NEW DELHI:
The issue opens on July 9, 2025, and closes on July 22, a company statement said.
It offers an effective yield of up to 9.30 per cent per annum.
This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "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," Jugeshinder 'Robbie' Singh, Group CFO, Adani Group, said.
This story is from the Kolkata 07July2025 edition of Millennium Post Kolkata.
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