Business Standard

Adani Transmission raises Rs 500 cr via NCDs

Image

Press Trust of India New Delhi
Adani Transmission, a part of diversified Adani Group, today said it has raised Rs 500 crore by allotment of non-convertible debentures on private placement basis.

"The company has raised Rs 500 crore...On June 3, 2016 by allotment of 5,000 rated, listed, taxable, secured, redeemable, non-convertible debentures...On private placement basis," Adani Transmission said in a BSE filing.

The said NCDs will be listed on the Wholesale Debt Market segment of BSE, the filing added.

A few days back, the company said it has raised Rs 750 crore by allotment of non-convertible debentures on private placement basis.

Adani Transmission operates over 5,000 circuit km of transmission lines across western and northern regions of India along with 12,000 MVA transformation capacity.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 03 2016 | 7:43 PM IST

Explore News