The Board of Directors of Adani Enterprises has approved raising up to ₹3,000 crores through the issuance of Non-Convertible Debentures (NCDs). The funds will be raised through permissible modes, including private placement, public issue, or qualified institutional placement. This decision was made during a board meeting held on October 8, 2025, commencing at 11:30 a.m. and concluding at 12:32 p.m.
Fundraising Via Debentures
Adani Enterprises Limited announced plans to raise funds through the issuance of Non-Convertible Debentures (NCDs) for an amount not exceeding ₹3,000 crores. The decision was finalized during the Board of Directors meeting held on October 8, 2025.
Issuance Details
The issuance of NCDs will be conducted through various permissible methods, including but not limited to a private placement, public issue, or a qualified institutional placement. The specific terms and conditions, including the tenure, coupon/interest rates, and schedule of payments, will be determined by the Board or a designated committee. These issuances are subject to regulatory and statutory approvals.
The NCDs may be secured or unsecured, as determined by the Board or Committee at the time of issuance. These securities may be listed on BSE Limited and/or National Stock Exchange of India Limited.
Source: BSE
