Adani Enterprises Launches Third NCD Issue to Raise Up to 1,000 Crore
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3 SourcesMumbai, India
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Adani Enterprises Launches Third NCD Issue to Raise Up to 1,000 Crore

Adani Enterprises is launching its third public issue of Non-Convertible Debentures (NCDs) to raise up to 1,000 crore. The issue, opening January 6, offers investors yields up to 8.90% per annum across various tenors and interest payment options. Rated 'AA- (Stable)' by CARE and ICRA, the NCDs aim to broaden capital market access and fund infrastructure growth. This follows a successful 1,000 crore NCD issue in July 2025, with proceeds for refinancing and general corporate purposes.

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