STOCKWATCH

Aditya Birla Real Estate Ltd Receives In-Principle Approval for Debenture Trust Deed Modification

Aditya Birla Real Estate Ltd has received in-principle approval from the BSE Limited for modification in one of the Financial Covenants in respect of 8.35% Unsecured Listed Redeemable Non-Convertible Debentures of Rs.500 crores issued under Private Placement basis. The modification is in accordance with Regulations 30 & 51(2) of the SEBI Listing Regulations. The Company has executed the First Amendment Deed to the DTD with the Debenture Trustee viz. SBICAP Trustee Company Limited.

• Aditya Birla Real Estate Ltd has received in-principle approval from the BSE Limited for modification in one of the Financial Covenants.
• The modification is in respect of 8.35% Unsecured Listed Redeemable Non-Convertible Debentures of Rs.500 crores.
• The approval is in accordance with Regulations 30 & 51(2) of the SEBI Listing Regulations.
• The Company has executed the First Amendment Deed to the DTD with the Debenture Trustee viz. SBICAP Trustee Company Limited.