Friday, 1 July 2016

Adani Transmission plans to raise Rs. 1000 crore

The said NCDs will be listed on the Wholesale Debt Market segment of BSE Limited.

Adani Transmission Ltd has informed BSE that the Company has raised Rs. 1,000 Crores (Rupees One Thousand Crores only) on June 30, 2016 by allotment of 10,000 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000/- each issued under two separately transferable principal parts of NCDs on private placement basis.

The said NCDs will be listed on the Wholesale Debt Market segment of BSE Limited.

Adani Transmission Ltd ended at Rs. 38.55, down by Rs. 0.35 or 0.9% from its previous closing of Rs. 38.9 on the BSE.

The scrip opened at Rs. 39.5 and touched a high and low of Rs. 40.4 and Rs. 38.4 respectively. A total of 3043879(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 4239.77 crore.

The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 42.6 on 01-Jan-2016 and a 52 week low of Rs. 25.25 on 21-Sep-2015. Last one week high and low of the scrip stood at Rs. 40.4 and Rs. 33 respectively.

The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 13.03 % and 11.97 % respectively.

The stock traded above its 200 DMA.

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