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Adani Ports & SEZ has raised Rs 500 crore through issue of securities

Adani Ports and Special Economic Zone (SEZ) said that Rs 500 crore has been raised by it through issuing securities on a private placement basis.

It said in a regulatory filing that “The company has raised Rs 500 crore on April 11, 2016, by allotment of 5,000 Rated, Listed, Secured, Taxable, Redeemable, Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each on private placement basis.”

It further said that the NCDs will be listed on the Wholesale Debt Market segment of BSE.

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