Loan & Debt9 Sept 2026, 05:41 pm
Aditya Birla Capital Allots ₹1,935 Cr in Non-Convertible Debentures
AI Summary
Aditya Birla Capital Limited has announced the allotment of Non-Convertible Debentures (NCDs) on a private placement basis to multiple investors. The total issuance aggregates to ₹1,935 crore across four tranches. The NCDs are secured, rated, listed, and redeemable, with a face value of ₹1,00,000 each. The allotments include ₹1,110 crore, ₹325 crore, ₹450 crore, and another ₹450 crore. These debentures carry a coupon rate of 8.10% per annum and are set to mature on September 7, 2029. The issuance aims to bolster the company's capital structure and fund its growth initiatives.
Key Highlights
- Aditya Birla Capital allotted NCDs worth ₹1,935 crore.
- Debentures are secured, rated, listed, and redeemable.
- Coupon rate stands at 8.10% per annum.
- Maturity date for the debentures is September 7, 2029.
- Issuance was conducted via private placement.
Price Impact
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