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 on September 24, 2025, raising a total of about Rs. 1,095 crore from multiple investors. The tranches are Rs. 300 crore (912-day tenor, floating rate of 3-month OIS + 1.46%, currently 6.92%), Rs. 250 crore (873-day, 7.3789%), Rs. 250 crore (1,087-day, 7.2959%), and Rs. 295 crore (1,826-day, 7.52%). Maturities range from February 2028 to September 2030. The NCDs are secured by a first pari-passu charge over the company's receivables, securities, future movable assets and current assets, and are listed on BSE and NSE.
This is a pure debt raise with no equity dilution, so existing shareholders are not affected in terms of ownership. The coupon rates between 6.92% and 7.52% reflect a fairly competitive cost of borrowing, suggesting healthy credit standing. The added borrowings will increase interest obligations but should support the company's lending and investment activities as an NBFC.