Adani Ports & SEZ raises Rs 500 crore through allotment of NCDs

Adani Ports and Special Economic Zone (APSEZ) has raised Rs 500 crore through allotment of NCDs on a private placement basis. It allotted 5,000 non-convertible debentures (NCDs) of the face value of Rs 10 lakh each. “The 5,000 rated, listed, secured, redeemable, NCDs have a face value of Rs 10,00,000/- each. APSEZ said the NCDs will be listed on the Wholesale Debt Market segment of the BSE.