Aditya Birla Real Estate Limited has informed the Exchange about Call Option notice and Record date for early redemption of Debentures of Rs. 250 Crores under ISIN (INE055A08078)
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Aditya Birla Real Estate Limited has decided to exercise a Call Option for early redemption of 25,000 debentures with a face value of Rs. 1,00,000 each, totalling Rs. 250 crores. The debentures carry an 8.05% coupon rate and were issued on private placement basis. The redemption date is 4th May, 2026, with a record date fixed as 17th April, 2026. The total Call Option Outstanding Amount payable is Rs. 258.58 crore, which includes the principal of Rs. 250 crore, accrued interest of Rs. 3.58 lakh, and a premium of Rs. 5 crore. The company issued the Call Option Notice to SBICAP Trustee Company Limited (debenture trustee) and ICICI Bank Limited (debenture holders) on 9th April, 2026.
The early redemption reduces the company's outstanding debt by Rs. 250 crores, which is a positive development for shareholders as it indicates the company has sufficient liquidity to repay debt ahead of schedule and lowers its financial obligations.