Adani Enterprises secures ₹1,000 crore via debenture private placement

Adani Enterprises Limited (AEL) has successfully allotted 100,000 secured, listed, rated, taxable, non-cumulative, redeemable non-convertible debentures to identified investors on a private placement basis, aggregating to ₹1,000 crore. Each debenture bears a face value of ₹100,000. The allotment was approved by the company's management committee on October 8, 2025, following a board resolution on August 3, 2023.

The debentures have a tenor of 2 years, 5 months, and 16 days from the allotment date of October 8, 2025, maturing on March 24, 2028. They carry a coupon rate of 8.70%, with interest payable semi-annually. Principal repayment will occur in full at maturity, subject to voluntary redemption by AEL.

These debentures are secured by a first-ranking pari passu charge on certain loans and advances, with a minimum security cover of 110% of the outstanding principal and interest. ICRA Limited has rated the debentures "[ICRA]AA- (Stable)". The company confirmed that the debentures will be listed on the BSE Limited.