Aditya Birla Capital Allots ₹300 Cr Non-Convertible Debentures
Aditya Birla Capital Limited has announced the allotment of Non-Convertible Securities (NCDs) on a private placement basis to multiple investors. The company issued 20,000 Secured, Rated, Listed, Redeemable NCDs with a face value of ₹1,00,000 each, aggregating to ₹200 Crore. Additionally, 10,000 similar NCDs were allotted, aggregating to ₹100 Crore. The total issuance amounts to ₹300 Crore. The first series of debentures has a tenor of 1,822 days and matures on June 25, 2031, with a zero coupon rate. The second series has a tenor of 1,826 days (original issuance) and matures on June 16, 2031, with a coupon rate of 8.2600% p.a. Both series are listed on BSE Limited and National Stock Exchange of India Limited.
Key Highlights
- Aditya Birla Capital allotted ₹300 Cr in Non-Convertible Debentures.
- The issuance was conducted on a private placement basis.
- Debentures are secured, rated, listed, and redeemable.
- Maturity dates range from June 2031 with varying coupon rates.
- Securities are listed on BSE and NSE.
Price Impact
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