Investment18 Mar 2026, 05:52 pm
Aditya Birla Lifestyle Brands Ltd Allots Non-Convertible Debentures Worth INR 500 Crore
AI Summary
Aditya Birla Lifestyle Brands Ltd has announced the allotment of 50,000 Listed, Unsecured, Rated, Redeemable, Non-Cumulative, Non-Convertible Debentures of the Face Value of INR 1,00,000 each, amounting to INR 500 Crore. The debentures, which have a coupon rate of 7.22% per annum, will be listed on BSE Limited and will mature in 2 years and 363 days from the date of allotment. The interest payments are scheduled for Thursday, March 18, 2027, and Friday, March 16, 2029, with the principal and interest payment due on the latter date.
Key Highlights
- Aditya Birla Lifestyle Brands Ltd allots 50,000 Non-Convertible Debentures worth INR 500 Crore.
- The debentures have a coupon rate of 7.22% per annum and will be listed on BSE Limited.
- The debentures will mature in 2 years and 363 days from the date of allotment.
- Interest payments are scheduled for Thursday, March 18, 2027, and Friday, March 16, 2029.
- The principal and interest payment will be made on Friday, March 16, 2029.