Aditya Birla Real Estate to Exercise Call Option on Debentures for Early Redemption
Aditya Birla Real Estate Limited announced its intention to exercise the Call Option for the early redemption of its 8.05% Unsecured, Listed, Rated, Senior, Redeemable, Non-Convertible Debentures. The redemption pertains to an aggregate value of Rs. 250 crores.The company plans to redeem 25,000 of the 8.05% Unsecured, Listed, Rated, Senior, Redeemable, Non-Convertible Debentures, each having a face value of Rs. 1,00,000/-. These debentures were issued under a Private Placement basis and are governed by the Second Amendment Debenture Trust Deed dated March 30, 2026, read with the Original Debenture Trust Deed dated March 1, 2024.
A Call Option notice was issued on April 9, 2026, to SBICAP Trustee Company Limited, the debenture trustee, and eligible Debenture holders. The notice intimated the company's intent to exercise the call option and redeem the debentures on Monday, May 4, 2026, which was set as the Call Option date.
The total amount payable upon redemption, constituting the Call Option Outstanding Amount on the Call Option Date, is detailed as follows:
Call Outstanding Amount = Principal Amount + Accrued Interest + Premium
Gross Amount = INR 250,00,00,000 + INR 3,58,39,041 + INR 5,00,00,000
The debentures are scheduled for redemption on May 4, 2026.
Record Date for Redemption
For the early redemption of the aforementioned debentures pursuant to the exercise of the call option, the company fixed the following record date:| SI. No. | ISIN | Record date | Interest/Redemption | Date of payment of interest/ redemption |
|---|---|---|---|---|
| 1 | INE055A08078 (Series XXII) | April 17, 2026 | Interest payment, Redemption and Premium | May 4, 2026 |
The record date was set as April 17, 2026, as this was the business day immediately preceding the placement memorandum date, since April 19, 2026, was not a business day.
Additionally, the notice confirmed that in the event of any delay in payment of the Call Option Outstanding Amount, the Company would be liable to pay interest on the overdue amount at the rate of 15% per annum, commencing from the Call Option Date until the date of actual payment.
Aditya Birla Real Estate Limited is formerly known as Century Textiles and Industries Limited.
ABREL Stock Price Movement
Today, Aditya Birla Real Estate Limited shares edged higher, settling at ₹1289.4 after gaining 1.49% in after-hours trading. The stock found support today, seeing a total traded volume of 297,654 shares.Source:
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