Aditya Birla Capital Limited has informed the Exchange regarding Notice of Postal Ballot
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Aditya Birla Capital Limited has issued a Postal Ballot Notice seeking shareholder approval on three items. First, the appointment of Ms. Saloni Narayan (former SBI Deputy Managing Director with 37 years of banking experience) as an Independent Director for a 5-year term effective 3 February 2026. Second, the appointment of Mr. Krishna Kishore Maheshwari (former MD of UltraTech Cement with 41 years at the Aditya Birla Group) as a Non-Executive Director effective the same date. Third, approval to issue Non-Convertible Debentures (NCDs) on a private placement basis across categories with proposed limits totalling approximately ₹1,36,000 crore, including ₹1,05,000 crore in listed secured NCDs, ₹10,000 crore in sub-debt, and ₹10,000 crore in unlisted secured NCDs, among others. The fresh NCD resolution is needed because the existing one from June 2025 expires in June 2026, and the next AGM is scheduled for August 2026, creating a gap in borrowing authority.
For shareholders, the NCD issuance enables the company to raise debt funds flexibly to support its lending operations within its overall borrowing limit of ₹1,65,000 crore. The director appointments strengthen the board with deep banking and conglomerate experience, which is generally positive for governance and strategic oversight. The e-voting window runs from 25 February to 26 March 2026.