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These bonds are redeemable at par at the end of the 10th year and interest payments on a yearly basis. However, the coupon rate is to be decided after bidding at the electronic book provider platform.
The bonds are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The company reported a 0.3% rise in consolidated net profit to Rs 3,793.02 crore on a 0.1% increase in revenue from operations to Rs 11,277.76 crore in Q2 FY25 over Q2 FY24.
The scrip slipped 2.47% to currently trade at Rs 321.85 on the BSE.
Adani Green Energy Ltd fell 1.68% today to trade at Rs 1239.55. The BSE Utilities index is down 0.36% to quote at 5810.17. The index is down 5.45 % over last one month. Among the other constituents of the index, CESC Ltd decreased 0.72% and Power Grid Corporation of India Ltd lost 0.72% on the day. The BSE Utilities index went up 27.11 % over last one year compared to the 16.46% surge in benchmark SENSEX.
Adani Green Energy Ltd has lost 24.52% over last one month compared to 5.45% fall in BSE Utilities index and 2.07% rise in the SENSEX. On the BSE, 20236 shares were traded in the counter so far compared with average daily volumes of 6.63 lakh shares in the past one month. The stock hit a record high of Rs 2173.65 on 03 Jun 2024. The stock hit a 52-week low of Rs 870.9 on 27 Nov 2024.
1. Rajesh Wadhwa 2. Rajesh Gupta 3. A Sensarma