WASHINGTON: Adani Ports and Special Economic Zone today said the company has raised Rs 150 crore through debentures.
“The Company has raised Rs 150 crore on March 23, 2016, by allotment of 1,500 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each on private placement basis,” it said in a regulatory filing.
Earlier this month, the government had approved the Adani Group’s proposal for clubbing its three notified special economic zones (SEZs) in Gujarat to form a mega multi-product export zone spanning over 8,500 hectares. Shares of the company today closed at Rs 238.20 apiece down by 0.46 per cent.
