Adani Enterprises to launch maiden public NCD issue worth Rs 800 crore

Adani Enterprises plans to launch its first public non-convertible debenture (NCD) issue, valued at Rs 800 crore. The NCDs will offer investors a fixed interest rate and are intended to raise funds for the company's expansion and growth initiatives. This move is part of Adani's strategy to diversify its funding sources and attract investment from the public. The issue reflects the company’s ongoing efforts to strengthen its financial position and support its ambitious business plans.