NewKerala.com

Adani Enterprises Launches Secured NCDs Offering Up to 8.9% Returns

Adani Enterprises is launching a public issue of secured, redeemable non-convertible debentures (NCDs) starting January 6, 2026. The bonds, rated CARE AA- (Stable) and ICRA AA- (Stable), offer returns up to 8.9% across tenures of 24 to 60 months with quarterly or annual payout options. This issue, backed by company assets, is part of the firm's strategy to diversify its funding sources and strengthen its balance sheet. It marks the company's third public bond offering following previous issuances in 2024 and 2025.

Key Points: Adani Enterprises NCD Issue: Up to 8.9% Returns from Jan 6

  • Up to 8.9% annual returns
  • Secured, rated AA- (Stable)
  • Tenures from 24 to 60 months
  • Part of funding diversification strategy
2 min read

Adani Enterprises to launch secured NCD issue from Jan 6, offering returns up to 8.9%

Adani Enterprises launches a public secured NCD issue from Jan 6, 2026, offering returns up to 8.9% with CARE & ICRA AA- ratings.

"The NCDs will be offered on a first-come, first-serve basis... - Adani Enterprises Announcement"

New Delhi, January 2

Adani Enterprises Limited, the flagship company of the Adani Group, is set to launch a public issue of secured, redeemable non-convertible debentures from January 6, 2026.

The issue, which will open on Tuesday and close on January 19, 2026, carries credit ratings of CARE AA- (Stable) and ICRA AA- (Stable), reflecting a high degree of safety regarding timely servicing of financial obligations.

The NCDs will be offered on a first-come, first-serve basis, and it is likely to close before January 10, 2026, subject to investor response.

Under the quarterly interest payout option, investors can choose between a 36-month tenure offering 8.48 per cent, and a 60-month tenure offering 8.62 per cent.

For those opting for annual interest pay-outs, the company is offering 8.60 per cent for 24 months, 8.75 per cent for 36 months, and 8.90 per cent for 60 months.

The issue comprises secured instruments, backed by assets of the company, and forms part of Adani Enterprises' broader strategy to diversify funding sources and strengthen its balance sheet.

Adani Enterprises operates across multiple infrastructure-focused businesses, including energy transition, transport and logistics, and integrated resource management.

The proposed sale would be the company's third public bond offering.

Adani Enterprises last raised Rs 10 billion via a public bond issue in July 2025, across two, three and five-year tranches after its first public debt issue in September 2024.

- ANI

Share this article:

Reader Comments

P
Priya S
Interesting move. Shows the group is confident and looking for public money again. The quarterly payout option is good for retirees needing regular income. But remember, it's not risk-free.
A
Aman W
With inflation where it is, a post-tax return of ~6-7% might not beat it. Still, for a conservative part of the portfolio, secured NCDs from a large infra player make sense. Will check the DRHP.
S
Sarah B
Third public offering in a short time? They are raising a lot of debt. While the ratings are stable, the pace makes me a bit cautious. Diversifying funding is one thing, but reliance on public debt is another.
K
Karthik V
Good for Adani. Infrastructure needs capital. This is a way for common people to participate in nation-building projects while getting a fixed return. Jai Hind!
N
Nikhil C
The "first-come, first-serve" and likely early closure means they expect it to be oversubscribed quickly. Better to apply online on the 6th itself if interested. Missed the last one, won't miss this.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50