ADANI ENTERPRISES : NO CLARIFICATION ON SUBSIDIARY BOND ISSUE

• Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary, is a debt listed entity. • AAHL had intimated about the proposal for issuance of Non-Convertible Debentures on a private placement basis. • The Company was not part of the transaction hence the same was not required to be reported by the Company. • Movement in the price of the scrip of the company is market driven. Impact: Neutral (Company clarifies it was not part of a subsidiary's bond issuance and price movement is market-driven)

Adani Enterprises Ltd

Open attachment

← Back to feed