Adani Enterprises to raise up to Rs 800 cr as non-convertible debentures

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The minimum application size for each application for NCDs would be Rs 10,000 across all series collectively and in multiples of Rs 1,000 thereafter.

The NCDs have been rated “CARE A+; positive” — signifying low credit risk, a company statement said.

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Category: BusinessFinance

Markets: India

Topics: Bonds NCD CARE A+ Adani Group Funds Investment Fundraising AEL Bond market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 17:03:52 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22296238

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