06-March-2026
Markets and Finance
 
More entities aim to raise funds through GIFT City unit
05-Mar-2026

More entities are exploring fundraising opportunities through Gujarat International Finance Tec-City (GIFT City) treasury centres to benefit from the tax advantage. Certain companies are also in discussions to set up treasury centres in GIFT City to capitalise on this opportunity. Adani Transmission Step-One (ATSOL), a subsidiary of Adani Energy Solutions, will likely raise $500 million through dollar bonds through its treasury centre in GIFT City in March or April. 360tf, a trade finance company, also plans to raise fund through this route, people aware of the development said.

News Source:- https://www.financialexpress.com/business/news/more-entities-aim-to-raise-funds-throughnbspgift-city-unit/4162673/