India's Adani Ports to raise $600m via non-convertible debentures

India's Adani Ports to raise $600m via non-convertible debentures

FILE PHOTO: The logo of the Adani Group is seen on one of its buildings in Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave/File Photo

India’s largest private port operator Adani Ports and Special Economic Zone said on Tuesday it will raise 50 billion rupees ($599.8 million) by issuing non-convertible debentures and 2.5 billion rupees through non-cumulative redeemable preference shares.

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