Aditya Birla Capital Limited has informed the Exchange regarding allotment of Non Convertible Securities.
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Aditya Birla Capital has allotted four tranches of secured, rated, listed, taxable, redeemable Non-Convertible Debentures (NCDs) on a private placement basis to multiple investors on September 24, 2025. The total amount raised is Rs. 1,095 Crore, split across Rs. 300 Crore (912 days, 6.92% floating), Rs. 250 Crore (873 days, 7.38%), Rs. 250 Crore (1,087 days, 7.30%), and Rs. 295 Crore (1,826 days, 7.52%). The debentures are secured by a first pari passu charge on receivables, securities, and current assets. Tenors range from about 2.5 years to 5 years, with maturities falling between February 2028 and September 2030. The proceeds will be deployed as per the company's funding requirements, typical for an NBFC.
This is a routine debt-raising exercise for the NBFC arm of the Aditya Birla Group. Coupon rates of 6.92% to 7.52% are in line with current market rates for a well-rated issuer, so no major positive or negative surprise for shareholders. No equity dilution occurs since these are pure debt instruments, but overall leverage of the company will increase marginally.