Aditya Birla Capital Limited has informed the Exchange regarding allotment of Non Convertible Securities
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Aditya Birla Capital has allotted 22,000 secured, rated, listed, taxable, redeemable Non-Convertible Debentures (NCDs) on a private placement basis, aggregating to Rs. 220 Crore. Each debenture has a face value of Rs. 1,00,000 and carries a coupon rate of 7.6043% per annum, payable annually. The original issue size was Rs. 100 Crore with a green shoe option allowing it to scale up to Rs. 400 Crore; the company utilised part of that green shoe option by allotting Rs. 220 Crore. The debentures have a long tenor of 3,649 days (about 10 years), maturing on July 20, 2035, and are secured by a first pari passu charge on the company's receivables, securities, future movable assets, and current assets. They are listed on both BSE and NSE, and were placed with multiple investors on July 23, 2025.
The Rs. 220 Crore NCD raise will strengthen Aditya Birla Capital's long-term funding base at a competitive 7.6% rate, supporting its lending and NBFC operations. The dilution is to debt holders, not equity shareholders, so existing shareholders are not affected in terms of ownership, though higher interest obligations will need to be serviced over the next decade.