Adani Ports and Special Economic Zone Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

Adani Ports has announced a board meeting that approved raising up to Rs. 6,000 crore via secured, rated, listed non-convertible debentures through private placement. The funds will support capex, refinance existing debt, and cover general corporate expenses. The NCDs will be listed on BSE and/or NSE, with terms like tenure and coupon to be finalized later. The issue may feature call and put options, offering flexibility in managing debt. This step aims to bolster the company’s financial health while fueling growth plans.