Aditya Birla Capital Allots Rs. 200 Crore in Secured Non-Convertible Debentures via Private Placement
Aditya Birla Capital Limited announced the allotment of Non-Convertible Debentures (NCDs) worth Rs. 200 Crore on a private placement basis on April 27, 2026. The structured transaction involves the issuance of 20,000 debentures, with each debenture having a face value of Rs. 1,00,000.The funds raised are secured by a first pari passu charge over the company's Receivables, Securities, future moveable assets, and Current Assets.
The company specified that the initial issue size is Rs. 200 Crore, complemented by a green shoe option extending up to Rs. 550 Crore.
Key Transaction Details
The issued securities are categorized as Secured, Rated, Listed, Taxable, and Redeemable Non-Convertible Debentures. The interest rate attached to the debentures is set at 8.1600% per annum.The debentures are scheduled for allotment and subsequent payments according to the following terms:
| Detail | Value |
|---|---|
| Date of Allotment | April 27, 2026 |
| Total Number of Debentures | 20,000 |
| Face Value Per Debenture | Rs. 1,00,000 |
| Total Aggregating Value | Rs. 200 Crore |
| Coupon Rate | 8.1600% p.a. |
| Maturity Date | February 14, 2029 |
Redemption Schedule
The debentures will be redeemed at the face value of Rs. 1,00,000 per debenture upon maturity. The payment of interest and principal is structured across multiple tranches:| Payment Type | Payment Date | Days for Coupon/Redemption | Amount (per debenture) |
|---|---|---|---|
| Principal Inflow (1st Coupon) | Sunday, February 14, 2027 | 293 | Rs. 1,02,517.9438 |
| Principal Inflow (2nd Coupon) | Monday, February 14, 2028 | 365 | Rs. 8.160.00 |
| Principal Inflow (3rd Coupon) | Wednesday, February 14, 2029 | 366 | Rs. 8.160.00 |
| Principal (Maturity) | Wednesday, February 14, 2029 | 1,024 | Rs. 1,00,000.00 |
The payment of coupon amounts is fixed at 8.1600% per annum, with the final principal amount being due on February 14, 2029. Payments will be made in accordance with the Working Day Convention if the due date falls on a holiday.
ABCAPITAL Stock Price Movement
Today, Aditya Birla Capital Limited shares edged higher, settling at ₹342.55 after gaining 0.82% in post-market trading. The stock was supported by a volume of 2.50 million shares, which kept it trading within a daily range of ₹337.95 and ₹348.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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