Aditya Birla Capital has announced the allotment of 36,000 Unsecured, Rated, Listed, Taxable, Redeemable Non-Convertible Subordinate Debentures. Each debenture has a face value of ₹1,00,000, aggregating to a total of ₹360 Crore. The allotment, made on a private placement basis to identified investors, was finalized on October 24, 2025.
Details of the NCD Allotment
Aditya Birla Capital has successfully allotted 36,000 Unsecured, Rated, Listed, Taxable, Redeemable Non-Convertible Subordinate Debentures (NCDs) through private placement.
Key highlights of the allotment:
- Total Value: The aggregate value of the NCDs amounts to ₹360 Crore.
- Face Value: Each debenture has a face value of ₹1,00,000.
- Number of Debentures: A total of 36,000 debentures were allotted.
- Allotment Date: The allotment was completed on October 24, 2025.
Debenture Features
The NCDs come with the following features:
- Type: Unsecured, Rated, Listed, Taxable, Redeemable Non-Convertible Subordinate Debentures.
- Tenor: 3,650 days (Original Issuance), 3,479 days (Further Issuance).
- Redemption Date: The debentures are scheduled for redemption on May 4, 2035.
- Coupon Rate: The coupon rate is set at 8.0300% p.a.
Coupon Payment Schedule
The coupon payments are scheduled as follows (illustrative cash flows per debenture with a face value of ₹1,00,000):
- October 24, 2025: Principal inflow of ₹1,04,088.10 (includes Principal + Accrued Interest).
- May 06, 2026: ₹8,030
- May 06, 2027: ₹8,030
- May 06, 2028: ₹8,030
- May 06, 2029: ₹8,030
- May 06, 2030: ₹8,030
- May 06, 2031: ₹8,030
- May 06, 2032: ₹8,030
- May 06, 2033: ₹8,030
- May 06, 2034: ₹8,030
- May 04, 2035: ₹7,986 (Coupon) and ₹1,00,000 (Principal).
Note: If any due date falls on a holiday, payments will be adjusted according to the Working Day Convention.
Redemption Details
The debentures will be redeemed at a price of ₹1,00,000 per debenture on the Date of Maturity.
Source: BSE
