Mumbai, Oct. 8 -- Adani Enterprises Ltd is all set to raise Rs 3,000 crore by issuing Non-Convertible Debentures (NCDs), the company officially stated in a filing made to the stock exchange today.
"The Board of Directors of the company, at its meeting held today, has inter-alia approved raising of funds by way of issuance of Non-Convertible Debentures for an amount not exceeding Rs 3,000 crores through permissible modes, including but not limited to a private placement or public issue or a qualified institutional placement or preferential issue or any other method or combination of methods, as may be permitted under applicable laws, in one or more tranche(s), subject to such regulatory or statutory approvals, as may be required," according...