Aditya Birla Capital Allots ₹360 Crore NCDs on Private Placement
Filing Summary
Aditya Birla Capital Limited allotted 36,000 unsecured, rated, listed, taxable, redeemable non-convertible subordinate debentures (NCDs) aggregating to ₹360 crore on a private placement basis. The debentures, carrying a coupon rate of 8.03% p.a., were allotted on October 24, 2025, and will mature on May 4, 2035. The issue, structured with a base size of ₹200 crore and a green shoe option of up to ₹300 crore, will be listed on BSE and NSE. The NCDs are unsecured with annual coupon payments.
Aditya Birla Capital Limited has informed that it has completed the allotment of 36,000 unsecured, rated, listed, taxable, redeemable non-convertible subordinate debentures (NCDs) on a private placement basis. The aggregate issue size amounts to ₹360 crore, with each debenture having a face value of ₹1,00,000.
The issue was structured with a base size of ₹200 crore and included a green shoe option of up to ₹300 crore. The allotment was made to identified investors on October 24, 2025, under the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
The NCDs will be listed on both the BSE Limited and the National Stock Exchange of India Limited.
Key Terms of the NCDs:
• Type of Security: Unsecured, Rated, Listed, Taxable, Redeemable Non-Convertible Subordinate Debentures.
• Allotted Size: ₹360 crore.
• Total Number of Debentures: 36,000.
• Face Value per Debenture: ₹1,00,000.
• Tenor: 3,650 days for the original issuance and 3,479 days for the further issuance.
• Date of Allotment: October 24, 2025.
• Date of Redemption / Maturity: May 4, 2035.
• Coupon Rate: 8.03% per annum.
• Coupon Payment Schedule: Annually on May 6 of each year, beginning in 2026, continuing until maturity in 2035.
Illustrative Payment Schedule (Per Debenture):
Each debenture with a face value of ₹1,00,000 will yield a coupon of ₹8,030 annually. The final redemption on May 4, 2035 will include the principal repayment of ₹1,00,000 along with the final coupon of ₹7,986. All payments will be made as per the Working Day Convention in case of holidays.
The NCDs are unsecured and carry no charge or lien on the company’s assets. There are no special rights, privileges, or interest features attached to the instruments. The company also confirmed there have been no delays, defaults, or adverse remarks concerning principal or interest obligations.
About Aditya Birla Capital Limited
Aditya Birla Capital Limited, headquartered in Mumbai, operates as the holding company for the financial services businesses of the Aditya Birla Group. Its subsidiaries offer products and services across lending, asset management, insurance, and financial advisory. The company provides diversified financial solutions to retail, corporate, and institutional clients through its network across India.