Aditya Birla Capital Allots ₹192 Cr Non-Convertible Debentures

Aditya Birla Capital Limited has successfully allotted 19,200 Unsecured, Rated, Listed, Taxable, Redeemable Subordinated Non-Convertible Debentures (NCDs) with a face value of Rs. 1,00,000 each, aggregating to Rs. 192 Crore. The allotment was made on a private placement basis to identified investors. These NCDs carry a coupon rate of 8.0668% per annum and are set to mature on April 30, 2036. This issuance is part of the company's strategy to raise capital through debt instruments.