Aditya Birla Capital Limited has successfully completed the private placement of 20,000 Secured, Rated, Listed, Taxable, Redeemable, Non-Convertible Debentures (NCDs). The issuance, finalized on April 27, 2026, has an aggregate value of Rs. 200 crore. These NCDs carry a coupon rate of 8.1600% per annum and are scheduled to reach maturity on February 14, 2029, further strengthening the company’s capital structure.
Details of the Issuance
The company announced the allotment of 20,000 debentures, each with a face value of Rs. 1,00,000. This private placement move, executed on April 27, 2026, serves as a strategic financial exercise to bolster the organization’s funding requirements. The total capital raised through this transaction amounts to Rs. 200 crore, with the provision of a green shoe option allowing for potential expansion up to Rs. 550 crore.
Financial Terms and Maturity
Investors in these instruments will receive a coupon payment at an annual rate of 8.1600%. The payment schedule for these coupons is set for February 14 of each year, starting from 2027 through 2029. The debentures are slated for redemption on February 14, 2029, at a price of Rs. 1,00,000 per debenture.
Security and Asset Backing
To provide security to the debenture holders, the company has established a first pari passu charge over its receivables, securities, and both current and future movable assets. This measure ensures that the instrument is fully secured, aligning with the company’s commitment to maintaining robust financial security standards for its investors. The debentures are officially listed on both BSE Limited and the National Stock Exchange of India Limited.
Source: BSE
