Aditya Birla Capital Limited has confirmed the allotment of 25,000 Non-Convertible Debentures (NCDs) under a private placement framework. These NCDs are unsecured, rated, and have a face value of ₹1,00,000 each, totaling an aggregate value of ₹250 crore. The debentures carry an annual coupon rate of 8.0300% p.a. and are slated for redemption on May 4, 2035.
Confirmation of NCD Allotment
Aditya Birla Capital Limited has formalized the allotment of its Non-Convertible Debentures (NCDs) on a private placement basis. This action follows regulatory disclosures concerning the issuance of debt securities to select investors, as approved by the Board.
Key Debenture Details
The particulars of the debt issuance are summarized below:
- Issuer: Aditya Birla Capital Limited
- Type of Securities: Unsecured, Rated, Listed, Taxable, Redeemable Subordinated Non-Convertible Debentures (“NCDs of Debentures”).
- Total Allotment Size: 25,000 (Twenty Five Thousand) Debentures.
- Aggregate Issue Size: ₹250 Crore (Rupees Two Hundred Fifty Crore Only).
- Issue Date: March 24, 2026.
- Date of Maturity: May 4, 2035.
- Coupon Rate: 8.0300% per annum.
- Redemption Value: Debentures will be redeemed at a price of Rs.1,00,000/- (Rupees One Lakh Only) per Debenture on the Date of Maturity.
Schedule of Payments
The payment structure for the coupons and principal is fixed, with accrual based on a 365-day basis. The first coupon payment is scheduled for Tuesday, March 24, 2026, amounting to ₹1,06,853.90 (Principal inflow of ₹99,769.9000 plus accrued interest). Subsequent semi-annual coupon payments of approximately ₹8,030 are due every year around May 06 until the final payment.
Security and Rights
The announcement confirms that these debentures carry No Charge/Security, as they are unsecured instruments. Furthermore, there are No Special Rights or Privileges attached to the instruments, and the terms indicate No Delay in interest or principal payment beyond the three-month grace period will be applicable in case of default.
Source: BSE
