Thursday, September 30, 2021

Adani Enterprises clarifies on news item ‘Adani Airport to raise $500m via overseas bonds’

Adani Enterprises Limited on Thursday responded to the clarification sought by exchanges with reference to the news item that appeared on the website on September 24, 2021, captioned “Adani Airport to raise $500m via overseas bonds”.

The company submitted that as of now Adani Airport Holdings Limited, a wholly-owned subsidiary of the company, is contemplating issuing an overseas bond issuance subject to the stable global and domestic financial market conditions for undertaking the capex programme for the airport business.

The company regularly evaluates all opportunities across its various businesses with the objective of enhancing shareholders’ value.

“In the event there is any development which requires disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we will disclose the same in accordance with the regulatory requirements,” company said in a filing.

30/09/21 IIFL Securities

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