Adani Enterprises Limited announced that its Management Committee has approved the early full redemption of specific unlisted, secured Non-Convertible Debentures (NCDs). The redemption covers two tranches totaling ₹19,500 crore (₹12,500 crore and ₹7,000 crore). This action, taken on March 24, 2026, is subject to necessary approvals, signaling the company’s intent to manage its debt obligations ahead of schedule.
Management Committee Decision on Debt Management
On Tuesday, March 24, 2026, the Management Committee of the Board of Directors of Adani Enterprises Limited convened a meeting, commencing at 11:30 a.m. and concluding at 12:15 p.m. During this session, the committee formally approved the early full redemption of specific tranches of outstanding Non-Convertible Debentures (NCDs).
Details of Debentures Redeemed
The NCDs being redeemed are described as unlisted, secured, unrated, and redeemable, each having a face value of INR 1,00,000/- (Rupees One Lakh only). The redemption impacts two distinct issuances:
A tranche of 1,25,000 Debentures, originally issued on 11.07.2023, totaling an aggregate amount of ₹1250,00,00,000.
A second tranche of 70,000 Debentures, originally issued on 11.10.2023, totaling an aggregate amount of ₹700,00,00,000.
The total quantum of early redemption approved across both series amounts to ₹19,500 crore. The approval is contingent upon obtaining any necessary external regulatory approvals as may be required before execution.
Source: BSE
