5/9/2024, 9:38:02 pm

Adani Enterprises' Rs 400 crore NCD issue oversubscribed by over 200%

Adani Enterprises’ Rs 400 crore public issue of debentures, which opened on Wednesday, was oversubscribed by around 221% on Day two, driven by heavy participation from retail investors. The non-convertible debentures (NCDs) will have an effective annual yield ranging from 9.25% to 9.90%. The issue will close on September 17.