Aditya Birla Capital Limited has successfully completed a private placement, issuing Non-Convertible Debentures (NCDs) to multiple investors. The company raised a total of ₹835 crore across two tranches. This strategic move enhances the company’s capital base through listed, redeemable securities with a fixed coupon rate, supporting its growth initiatives. The allotments were finalized on August 13, 2026.
Aditya Birla Capital Completes NCD Placement
Aditya Birla Capital Limited announced the successful allotment of Non-Convertible Debentures (NCDs) on a private placement basis on August 13, 2026. This issuance is in accordance with applicable SEBI regulations, reinforcing the company’s commitment to strengthening its financial position through diverse capital-raising instruments. The NCDs are secured, rated, listed, and redeemable, providing a stable funding source.
Dual Tranche Issuance
The company has raised capital through two distinct tranches of NCDs. The first tranche involved the issuance of 35,000 NCDs, each with a face value of ₹1,00,000, aggregating to ₹350 crore. These debentures carry a coupon rate of 7.9800% per annum and mature on August 13, 2031, with a tenor of 1,826 days.
The second tranche comprised 48,500 NCDs, also with a face value of ₹1,00,000 each. This issuance aggregated to ₹485 crore, bringing the total capital raised to ₹835 crore. These NCDs bear a coupon rate of 8.0163% per annum and have a maturity date of May 18, 2029, with tenors of 1,522 days (original issuance) and 1,009 days (further issuance).
Secured and Listed Instruments
Both series of NCDs are secured by a first pari passu charge over the company’s receivables, securities, future movable assets, and current assets. They are listed on both the BSE Limited and the National Stock Exchange of India Limited, ensuring transparency and liquidity for investors. The total issue size for the first series was capped at ₹300 crore with a green shoe option up to ₹450 crore, while the second series had an initial issue size of ₹250 crore with a green shoe option up to ₹500 crore. The allotments reflect the significant investor interest in Aditya Birla Capital’s offerings.
Source: BSE
