SIRIUS PULSEBETA
SIRIUS CAPITAL SERVICES LTD.
ISSUE CLOSED  ·  Was open 06 Jan 2026 – 19 Jan 2026
▸ NON-CONVERTIBLE DEBENTURE · PUBLIC ISSUE
ADANI ENTERPRISES LTD.
Tranche III · BSE Listed · Secured · Fixed Coupon
8.90%
Max Yield p.a.
AA- AA-
Credit Ratings
₹1,000 Cr
Issue Size
₹10,000 (10 NCDs)
Min. Application
Open Date
06 Jan 2026
Close Date
19 Jan 2026
Face Value
₹1,000
Per NCD
Issue Size
₹1,000 Cr
Security Cover
Secured debentures
Listing
BSE
Exchange listed
QUARTERLY INTEREST   Quarterly
Series Tenor Coupon p.a. Yield p.a.
Series 3 36 Months 8.48% 8.75%
Series 6 60 Months 8.62% 8.90%
ANNUAL INTEREST   Annual
Series Tenor Coupon p.a. Yield p.a.
Series 1 24 Months 8.60% 8.60%
Series 4 36 Months 8.75% 8.74%
Series 7 60 Months 8.90% 8.89%
CUMULATIVE INTEREST   Cumulative
Series Tenor Yield p.a.
Series 2 24 Months 8.60%
Series 5 36 Months 8.75%
Series 8 60 Months 8.90%
CREDIT RATINGS
CARE Ratings Limited
AA-
ICRA Limited
AA-
ABOUT THE COMPANY
Adani Enterprises, a part of the Adani Group, is one of India’s leading energy and infrastructure companies. It is among India’s largest listed business incubators and focuses on building businesses in four key sectors: energy and utilities, transportation and logistics, primary industries, and specialty businesses.

Key Business Activities:

Energy and Utilities: Manufacturing solar and wind equipment, producing renewable power, green hydrogen, and converting it into products like green ammonia, urea, and fertilizers for India and export markets.
Transport and Logistics: The company operates and manages seven airports in major Indian cities, including Mumbai and Ahmedabad, and recently opened the Navi Mumbai International Airport in October 2025. The company also develops road infrastructure and currently owns 17 road projects across India, including a ropeway.
Primary Industry: Mining services such as contract mining and coal management for customers mainly in coal and iron ore. The
QUICK FACTS
Max Yield 8.90%
Min. Application ₹10,000 (10 NCDs)
Face Value ₹1,000
Tenor Range 24 – 72 Months
Coupon Type Fixed
Nature Secured
Listing BSE
Open 06 Jan 2026
Close 19 Jan 2026
This issue is now closed.
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Issue details sourced from Tranche III Prospectus dated April 21, 2026. Indicative only — verify with the issuer before investing. Credit ratings by CRISIL / Brickwork are subject to revision. NCDs are subject to market and credit risks. This page does not constitute investment advice.  ·  © 2026 Sirius Capital Services Ltd.
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