Adani Enterprises Ltd. is set to close up to 80,00,000 of redeemable nonconvertible debentures of face value of Rs 1,000 each amounting up to Rs 400 crore on Sept. 6, 2024, instead of the original date that was Sept. 17, 2024, according to the company's filing on the BSE.
The NCDs have an option to retain oversubscription up to Rs 400 crore, aggregating in value up to Rs 800 crore.
"The newspaper advertisement to this effect shall be published by the company in the same newspapers in which the pre-issue advertisement was published," the company said in an exchange filing.
"The maiden public non-convertible debenture issue of Adani Enterprises Ltd. was subscribed 179.14% (or 1.79 times) to the base issue of Rs 400 crore on the first day of bidding," NDTV Profit reported.
Shares of Adani Enterprises closed 0.01% lower at Rs 3,015.35 apiece on the NSE, compared to a 0.21% dip on the NSE Nifty 50.
Disclaimer: NDTV Profit is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
RECOMMENDED FOR YOU
Core Inflation Highest Since Sept 2023 But MPC Might Be Unperturbed—Here's Why
Jul 15, 2025
Ashok Leyland, Ather Energy, Bharat Forge — HDFC Securities Top Stock Pick In Auto Sector; Q1 Results Preview
Jul 14, 2025
Ireda Targets Steady NIM At 3.7% In FY26
Jul 13, 2025
US Stock Market Today: S&P 500 Close To Record High, Dow Jones Up 200 Points
Jun 26, 2025
POPULAR