Adani Enterprises Plans to Raise Up to ₹3,000 Crore via NCDs
Company plans issuance of Non-Convertible Debentures via multiple permissible modes, including private placement and public issue, subject to regulatory approvals.
New Delhi, Oct 9: Adani Enterprises Ltd is set to raise up to ₹3,000 crore through the issuance of Non-Convertible Debentures (NCDs), the company announced in a filing to the stock exchange on Wednesday.
The Board of Directors approved the fundraising during a meeting held on October 8, 2025, allowing the company to raise funds through various permissible modes, including private placement, public issue, qualified institutional placement, preferential issue, or any other legally approved combination. The issuance may be conducted in one or more tranches, subject to regulatory and statutory approvals.
The total amount, tenor, coupon rate, and other terms of the NCDs will be decided by the board or a committee authorised by the board at a later stage. The NCDs may be either secured or unsecured, as per the board’s authorisation.
The filing also confirmed that there are no delays or defaults in payment of interest or principal on the company’s existing obligations. Details of redemption and other related matters will be determined in due course. Adani Enterprises has submitted all requisite disclosures in compliance with SEBI listing regulations.
