Adani Ports Raises Rs 5k Cr To Undertake Expansion

Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD).

“This isn’t merely a financing exercise; it’s a proactive execution of a meticulously developed Capital Management Plan for APSEZ, focused on maintaining conservative leverage, extending the debt maturi-ty profile, lowering cost, and diversifying funding sources. This plan is designed to support APSEZ with its long-term vision to become the world’s largest integrated transport utility,” said Ashwani Gupta, Whole-time Director and CEO, APSEZ.

Adani Ports has set a target of handling 1 billion tonnes of cargo by FY30, more than 2x the FY25 num-ber. Beyond its port operations, the company has also laid out ambitious plans to expand its logistics and marine businesses.

The proceeds will fund a proposed buyback of APSEZ’s US Dollar bonds, pending board approval on May 31 2025. A full subscription would extend the average debt maturity significantly longer — from 4.8 years to 6.2 years.

With consistently improving debt repayment timelines and the cost of capital, APSEZ gains greater ac-cess to patient capital and higher liquidity, crucial for long-term planning and large-scale projects.