Adani Enterprises has announced the early full redemption of non-convertible debentures (NCDs) amounting to Rs 1,950 crore. The decision was made during the Management Committee meeting of the Board of Directors held on March 24, 2026.
The company has approved the redemption of 1,25,000 unlisted, secured, unrated, redeemable NCDs with a face value of ₹1,00,000 each, issued on July 11, 2023, amounting to ₹1,250 crore. Additionally, 70,000 NCDs of the same face value, issued on October 11, 2023, amounting to ₹700 crore, will also be redeemed.
This move is subject to necessary approvals as required. The meeting commenced at 11:30 a.m. and concluded at 12:15 p.m.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).