StockWatch
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Life Insurance
Loan & Debt16 Jun 2026, 07:20 pm

Aditya Birla Capital Allots ₹1100 Cr Non-Convertible Debentures

AI Summary

Aditya Birla Capital Limited announced the allotment of Non-Convertible Debentures (NCDs) on a private placement basis to multiple investors on June 16, 2026. The company has allotted 50,000 NCDs aggregating to ₹500 Crore with a coupon rate of 8.26% maturing on June 16, 2031, and 60,000 NCDs aggregating to ₹600 Crore with a coupon rate of 8.10% maturing on September 7, 2029. These NCDs are secured, rated, listed, and redeemable. The total issuance amounts to ₹1100 Crore.

Key Highlights

  • Company allotted ₹500 Cr NCDs at 8.26% coupon, maturing in 2031.
  • Company allotted ₹600 Cr NCDs at 8.10% coupon, maturing in 2029.
  • Total NCD issuance amounts to ₹1100 Crore via private placement.
  • Debentures are secured, rated, listed, and redeemable.