Adani Transmission Step-Two Limited

Adani Transmission Step-Two Limited is an Indian company in the power industry with 7 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.7% to 7.99% a year. Maturity dates run from 31 Dec 2026 to 30 Sep 2042. NSDL records all 7 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA+ (Stable) (action dated 8 Oct 2026); CRISIL AA+ (Stable) (action dated 13 Oct 2025). Verify current terms against the official documents linked on this page.

Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled

Issuer overview

Legal name
Adani Transmission Step-Two Limited
CIN
U40200GJ2022PLC134441
LEI
3358003HJENAG2UZPG67
Company status
Active
Industry
Power
Business
Power - Transmission
Ownership
Non PSU
ISIN issuer code
INE0YRB
Outstanding bonds (ISINs)
7
Stated coupons (fixed rate)
7.7% – 7.99%
Maturity dates
31 Dec 2026 – 30 Sep 2042
Secured (NSDL)
7 of 7
Combined issue size of outstanding bonds
₹995 crore
Traded on
BSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Adani Transmission Step-Two bonds: ISIN, coupon and maturity

7 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE0YRB07076 NCD 7.7% Quarterly 17 Oct 2025 31 Dec 2026 ₹99,725.28 72.80 Secured None recorded — CRISIL AA+ 13 Oct 2025
INE0YRB07068 NCD 7.7% Quarterly 17 Oct 2025 30 Sep 2027 ₹1,00,000 71.80 Secured None recorded — CRISIL AA+ 13 Oct 2025
INE0YRB07050 NCD 7.7% Quarterly 17 Oct 2025 30 Sep 2028 ₹1,00,000 94.60 Secured None recorded — CRISIL AA+ 13 Oct 2025
INE0YRB07043 NCD 7.75% Quarterly 17 Oct 2025 30 Sep 2029 ₹1,00,000 93.60 Secured None recorded BSE CRISIL AA+ 13 Oct 2025
INE0YRB07019 NCD 7.75% Quarterly 17 Oct 2025 30 Sep 2030 ₹1,00,000 67.20 Secured None recorded BSE CRISIL AA+ 13 Oct 2025
INE0YRB07027 NCD 7.8% Quarterly 17 Oct 2025 30 Sep 2040 ₹1,00,000 483 Secured None recorded — CRISIL AA+ 13 Oct 2025
INE0YRB07035 NCD 7.99% Quarterly 17 Oct 2025 30 Sep 2042 ₹1,00,000 112 Secured None recorded BSE CRISIL AA+ 13 Oct 2025
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Adani Transmission Step-Two credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AA+ Stable Reaffirm 8 Oct 2026 7 Checked 4 Nov 2026
CRISIL AA+ Stable New 13 Oct 2025 7 Verified by NSDL · Over 12 months old · Checked 4 Nov 2026
Rating history
Date Agency Rating Outlook Action
8 Oct 2026 India Ratings AA+ Stable Reaffirm
13 Oct 2025 CRISIL AA+ Stable New
9 Oct 2025 India Ratings AA+ Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
17 Oct 2025 INE0YRB07068 30 Sep 2027 Placement memorandum on BSE
17 Oct 2025 INE0YRB07076 31 Dec 2026 Placement memorandum on BSE
17 Oct 2025 INE0YRB07050 30 Sep 2028 Placement memorandum on BSE
17 Oct 2025 INE0YRB07043 30 Sep 2029 Placement memorandum on BSE
17 Oct 2025 INE0YRB07019 30 Sep 2030 Placement memorandum on BSE
17 Oct 2025 INE0YRB07027 30 Sep 2040 Placement memorandum on BSE
17 Oct 2025 INE0YRB07035 30 Sep 2042 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
2 Aug 2022
Category
EPC, BoP and BTG
Class
https://www.adanienergysolutions.com/
Listed / unlisted
Unlisted
Registered office
Adani Corporate House, Shantigram Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad
State
Gujarat
Registrar of Companies
Gujarat
Authorised capital
100000
Paid-up capital
100000
Business group
Adani
Last AGM
24 Jun 2026

Adani Transmission Step-Two bonds: questions and answers

What bonds has Adani Transmission Step-Two Limited issued?

Adani Transmission Step-Two Limited has 7 outstanding bonds recorded on this page. By type, as described by NSDL: 7 NCDs.

What are the ISINs of Adani Transmission Step-Two Limited bonds?

Its 7 outstanding bonds each have their own ISIN, for example INE0YRB07076, INE0YRB07068, INE0YRB07050. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE0YRB.

What coupon rates do Adani Transmission Step-Two Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.7% to 7.99% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Adani Transmission Step-Two Limited bonds mature?

Its outstanding bonds have maturity dates from 31 Dec 2026 to 30 Sep 2042. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Adani Transmission Step-Two Limited bonds?

NSDL India Bond Info records India Ratings AA+ (Stable) (action dated 8 Oct 2026); CRISIL AA+ (Stable) (action dated 13 Oct 2025) on its outstanding bonds. Checked on NSDL on 4 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Adani Transmission Step-Two Limited bonds secured, unsecured or guaranteed?

NSDL records all 7 outstanding bonds whose terms it holds as secured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for Adani Transmission Step-Two Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Adani Transmission Step-Two Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 11 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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