Loan & Debt6 Nov 2026, 09:43 pm
Aditya Birla Capital Allots ₹2,250 Cr in NCDs
AI Summary
Aditya Birla Capital Limited has announced the allotment of Non-Convertible Debentures (NCDs) on a private placement basis. The company allotted 1,50,000 Secured, Rated, Listed, Redeemable NCDs aggregating to ₹1,500 Crore and 75,000 Secured, Rated, Listed, Redeemable NCDs aggregating to ₹750 Crore. The total allotment amounts to ₹2,250 Crore. These NCDs carry a coupon rate of 8.7800% per annum and have tenors of 1,096 days and 1,826 days respectively, with maturity dates in November 2029 and November 2031. The NCDs are secured by a first pari passu charge on the company's receivables, securities, future moveable assets, and current assets.
Key Highlights
- Aditya Birla Capital allotted ₹2,250 Crore via Non-Convertible Debentures.
- Two tranches of NCDs were issued with tenors of approx. 3 and 5 years.
- The NCDs carry a coupon rate of 8.78% per annum.
- The issuance was done on a private placement basis to multiple investors.
- The NCDs are secured by a first pari passu charge on specific company assets.
Price Impact
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