Adani Enterprises Limited (AEL), the flagship entity of billionaire Gautam Adani’s conglomerate, has announced a fresh public issue of non-convertible debentures (NCDs) worth Rs 1,000 crore, offering an effective yield of up to 9.30 percent per annum. Opening on July 9 and closing on July 22, 2025, this marks the company’s second NCD issuance following a robust debut in 2024. Rated “Care AA-; Stable” and “[ICRA]AA- (Stable),” these secured, listed, and redeemable instruments aim to attract retail investors seeking stable, long-term fixed-income options amid a recent rate cut cycle.