Aditya Birla Lifestyle Brands Limited Allots ₹500 Crore in Non-Convertible Debentures
Aditya Birla Lifestyle Brands Limited announced the allotment of ₹500 Crore through the issuance of 50,000 Listed, Unsecured, Rated, Redeemable, Non-Cumulative, Non-Convertible Debentures (NCDs). The Finance Committee of the Board of Directors approved the allotment on March 18, 2026.The NCDs have a face value of ₹1,00,000 each and carry a coupon rate of 7.22% per annum. The debentures were issued on a private placement basis. They will be listed on the BSE Limited.
Key Terms of the Issue:
| Particulars | Details |
|---|---|
| Size of the Issue | 50,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹500 Crore |
| Listed | Yes, on BSE Limited |
| Tenure | 2 Years 363 days |
| Date of Allotment | Wednesday, March 18, 2026 |
| Date of Maturity | Friday, March 16, 2029 |
| Coupon/Interest | 7.22% annually |
| Payment Schedule | Thursday, March 18, 2027 (Interest Payment); Saturday, March 18, 2028 (Interest Payment); Friday, March 16, 2029 (Principal and Interest Payment) |
| Security | None |
| Special Privileges | Nil |
| Redemption | As per the debenture trust deed on the date of maturity |
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