Adani Enterprises Issues 100,000 NCDs in Private Placement Worth ₹1,000 crore

Adani Enterprises Limited (AEL) announced that it has raised ₹1,000 crore through the issuance of secured, listed, rated, taxable, non-cumulative, redeemable non-convertible debentures (NCDs). The issuance was approved by the company’s management committee in a meeting held on October 8, 2025, as part of its ongoing debt-raising programme.

The NCDs have been issued on a private placement basis in dematerialised form to identified institutional investors, as disclosed in a filing to the BSE and NSE.

Issue Details and Structure

The company issued 1,00,000 NCDs, each with a face value of ₹1,00,000, aggregating to ₹1,000 crore. The instruments carry a coupon rate of 8.70%, payable semi-annually, with a tenure of 2 years, 5 months, and 16 days.

The date of allotment was October 8, 2025, and the maturity date is set for March 24, 2028. The debentures are rated [ICRA]AA-(Stable) by ICRA Limited, signifying a high degree of safety regarding the timely servicing of financial obligations.

The NCDs are secured by a first-ranking pari passu charge on certain loans and advances classified as non-current assets in the company’s books, ensuring a minimum security cover of 110% of the outstanding principal and interest at all times.

Listing and Redemption Terms

The debentures will be listed on BSE Limited, and principal repayment will be made in full on maturity, with a provision for voluntary early redemption by the company, in part or in full.

AEL confirmed that it will comply with all statutory and regulatory requirements related to the timely payment of interest and principal, with additional interest applicable in case of any delay in listing or redemption as per SEBI guidelines.

Read More: Adani Enterprises Board Approves ₹3,000 Crore NCD Issuance!

Adani Enterprises Share Price Performance 

As of October 10, 2025, at 11:10 AM, Adani Enterprises share price is trading at ₹2,554.60 per share, reflecting a surge of 0.48% from the previous closing price.

Conclusion

The ₹1,000 crore NCD issuance marks another step in Adani Enterprises’ ongoing capital-raising efforts, aimed at supporting its diversified growth and infrastructure development initiatives. With a stable credit outlook and strong investor confidence, the company continues to expand its access to long-term, cost-efficient funding through domestic debt markets.

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