Ahmedabad, India — Adani Ports and Special Economic Zone Ltd (APSEZ) has raised ₹1,000 crore (approximately $120 million) through the private placement of five-year non-convertible debentures (NCDs), according to a regulatory filing made with Indian stock exchanges on Monday.
The company allotted 100,000 rated, listed, secured, and redeemable NCDs, each with a face value of ₹100,000, aggregating to ₹1,000 crore. The issuance forms part of APSEZ’s broader capital management strategy aimed at supporting ongoing operations, expansion projects, and refinancing requirements.
Key Terms of the Bond Issue
- Total amount raised: ₹1,000 crore
- Number of debentures issued: 100,000
- Face value per debenture: ₹100,000
- Tenor: Five years
- Instrument type: Rated, listed, secured, redeemable NCDs
- Mode of issuance: Private placement
The debentures will be listed on the Wholesale Debt Market (WDM) segment of BSE Limited, providing liquidity to institutional investors.
Approval and Regulatory Compliance
The allotment was approved by APSEZ’s Finance Committee during a meeting held on February 23, 2026, which commenced at 11:30 a.m. and concluded at 12:00 noon, the company said in its filing.
APSEZ also confirmed that the necessary disclosures have been uploaded to its official website and submitted to both National Stock Exchange of India and BSE in compliance with applicable listing and disclosure regulations.
Strengthening Capital Structure
Market participants view the fundraise as part of APSEZ’s continued efforts to optimize its funding mix by tapping domestic debt markets while maintaining balance-sheet flexibility. The company has been an active issuer in the bond market as it expands port capacity, logistics infrastructure, and related services across India and overseas.
APSEZ is India’s largest commercial ports operator and a key player in the country’s maritime trade and logistics ecosystem.