Adani Enterprises has successfully completed the early full redemption of its non-convertible debentures (NCDs) amounting to ₹1,950 crore. The company made the payment on 25th March 2026, as per the agreement with the debenture holders and trustee.
The redemption pertains to two series of unlisted, secured, unrated, redeemable NCDs issued on a private placement basis. The first series, identified by ISIN INE423A07294, comprised 1,25,000 debentures with a face value of ₹1,00,000 each, totalling ₹1,250 crore. These were issued on 11th July 2023. The second series, with ISIN INE423A07302, included 70,000 debentures, also with a face value of ₹1,00,000 each, amounting to ₹700 crore, issued on 11th October 2023.
The decision to redeem these debentures early was approved in a meeting of the Management Committee of the Board of Directors of Adani Enterprises on 24th March 2026. This strategic move reflects the company’s commitment to optimising its financial structure and maintaining robust investor relations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).