Aditya Birla Capital Limited announced the successful allotment of 25,000 Secured, Rated, Listed, Taxable, Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total aggregate face value allotted amounts to Rs. 250,00,00,000/- (Rupees Two Hundred Fifty Crore). The NCDs carry an annual coupon rate of 8.1200% p.a. and are set to mature on March 6, 2028.
Private Placement of Non-Convertible Debentures
Aditya Birla Capital Limited has finalized the allotment of debt securities through a private placement, as disclosed in its communication dated February 20, 2026. The Company allotted a total of 25,000 Secured, Rated, Listed, Taxable, Redeemable Non-Convertible Debentures (NCDs) to identified investors.
Key Financial Details of the Issuance
The issuance details confirm the following significant figures:
- Total Allotted Issue Size: Rs. 250 Crore (Rupees Two Hundred Fifty Crore).
- Face Value per Debenture: Rs. 1,00,000 (Rupees One Lakh Only).
- Total Securities Allotted: 25,000 Debentures.
- Original Issue Size Limit: Rs. 200 Crore, with a green shoe option up to Rs. 800 Crore.
Tenor and Coupon Structure
The NCDs have a complex tenor structure, comprising an Original Issuance period of 1,827 days and a Further Issuance period of 745 days. The instruments are slated for final maturity on March 6, 2028. The fixed Coupon Rate attached to these Debentures is 8.1200% per annum.
Schedule of Payments and Security
The amortization schedule indicates the final principal outflow of Rs. 1,00,000.00 occurs on the redemption date, Monday, March 6, 2028. For the illustration, the initial principal inflow, including accrued interest, on February 20, 2026, totaled Rs. 1,09,041.5479 per debenture. Regarding security, the NCDs are backed by a first pari passu charge via Hypothecation over the Company’s Receivables, Securities, future moveable assets, and Current Assets.
Redemption Terms
The Debentures are explicitly stated to be redeemed at the full redemption price of Rs. 1,00,000/- (Rupees One Lakh Only) per Debenture on the Date of Maturity. There are no applicable special rights or privileges attached to the instrument concerning delays in interest/principal payment beyond three months.
Source: BSE
