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(As on May 22, 2025, 17:35)

Adani Ports to Raise Up to Rs 6,000 Crore Through Debentures

Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Thursday that its board has approved a plan to raise up to ?6,000 crore by issuing non-convertible debentures on a private placement basis.

In a regulatory filing, the company stated that the board, in its meeting held on May 22, 2025, granted in-principle approval for raising funds in one or more tranches. The proceeds will be used for capital expenditure, refinancing existing debt, and general corporate purposes.

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