Adani Enterprises Limited has made a public debt issuance of non-convertible debentures with an issue size of ₹1,000 crore.

Trilegal advised Adani Enterprises and the lead managers, Nuvama Wealth Management Limited, Trust Investment Advisors Private Limited and Tipsons Consultancy Services Private Limited, on this NCD issuance.

The Trilegal Capital Markets Team advising on the matter was led by Richa Choudhary (Partner), and supported by Avanti Kale (Counsel), Aayush Khandelwal (Senior Associate) and Associates Yug Gambhir, Naman Shah, Adya Singh and Arnab Goswami.

The Trilegal Banking & Finance Team advising on the matter was led by Joseph Jimmy (Partner), and supported by Tania Chourasia (Counsel), Jinay Padh (Senior Associate) and Aditya Shukla (Associate).

Adani Enterprises is one of India’s largest listed business incubators focused on core industry sectors such as energy and utility, transportation and logistics,  and primary industry. This marks the third public debt issuance by Adani Enterprises.

The funds are proposed to be used for repayment of indebtedness availed by Adani Enterprises.

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