Aditya Birla Real Estate Limited has announced its decision to exercise a call option for the early redemption of its 8.05% Unsecured, Listed, Rated, Senior, Redeemable, Non-Convertible Debentures. The company will redeem 25,000 debentures with a face value of ₹1,00,000 each, aggregating to ₹250 crore. This strategic financial move is scheduled for completion on May 4, 2026, involving the payment of the principal amount, accrued coupon, and redemption premium.
Details of the Early Redemption
The company has formally initiated the process to redeem its outstanding Series XXII debentures (ISIN: INE055A08078). This early exit aligns with the terms established in the company’s debenture trust deeds. The total payout for this redemption, including the principal, accrued interest, and premium, amounts to ₹258,58,39,041.
Key Dates and Payment Information
For the purpose of identifying eligible debenture holders, the company has set the record date for April 17, 2026. As April 19, 2026, falls on a non-business day, the record date was adjusted to the immediately preceding business day to ensure operational compliance. The final settlement, including all interest and redemption payments, is set to occur on May 4, 2026.
Commitment to Financial Obligations
In the event of any potential delay in processing the ₹258.58 crore payment, the company has stipulated that it will be liable to pay interest on the overdue amount at a rate of 15% per annum. This ensures protection for the debenture holders during the redemption period until the date of actual payment.
Source: BSE
