News ArticleAditya Birla Capital Allots Rs. 2,250 Crore Secured Non-Convertible Debentures on November 6, 2026
Issue includes Rs. 1,500 crore with 3-year tenor and Rs. 750 crore with 5-year tenor, each bearing 8.78% annual coupon rate and listed on BSE and NSE
Aditya Birla Capital Limited allotted a total of Rs. 2,250 crore in secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) via private placement on November 6, 2026. The issuance comprises Rs. 1,500 crore of 1,096-day tenor NCDs and Rs. 750 crore of 1,826-day tenor NCDs, both carrying an 8.78% annual coupon rate and listed on BSE and NSE.
Aditya Birla Capital Limited
Preferential Issue
Aditya Birla Capital Limited allotted a combined Rs. 2,250 crore in secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) through private placement on November 6, 2026, to multiple investors.
The company issued 1,50,000 NCDs with a face value of Rs. 1,00,000 each, totaling Rs. 1,500 crore. These NCDs have a tenor of 1,096 days (approximately 3 years) and an annual coupon rate of 8.78%.
Additionally, 75,000 NCDs were allotted with a face value of Rs. 1,00,000 each totaling Rs. 750 crore. These have a tenor of 1,826 days (approximately 5 years) with the same coupon rate of 8.78% per annum.
Both issues are secured by a first pari passu charge over receivables, securities, future movable assets, and current assets as identified by the company. The NCDs are listed on the BSE Limited and National Stock Exchange of India Limited.
Coupon payments for the 3-year NCDs are scheduled annually on November 6 for three years with maturity and principal redemption on November 6, 2029. For the 5-year NCDs, coupon payments occur annually for five years, with maturity and principal redemption on November 6, 2031.
The allotment was done at weighted average prices slightly above the face value, with the 3-year NCDs at Rs.1,00,382.77 per debenture and the 5-year NCDs at Rs.1,00,746.67 per debenture. There are no reported defaults or delays in payment obligations.
Highlights
- Total allotment of Rs. 2,250 crore in secured Non-Convertible Debentures (NCDs)
- 1,50,000 NCDs issued totaling Rs. 1,500 crore with a 1,096-day tenor
- 75,000 NCDs issued totaling Rs. 750 crore with a 1,826-day tenor
- Coupon rate fixed at 8.78% per annum for both tenors
- NCDs listed on BSE and NSE exchanges
- Security via first pari passu charge over company assets and receivables
Key Data Snapshot
What happened
- Aditya Birla Capital allotted secured, rated, listed, redeemable Non-Convertible Debentures totaling Rs. 2,250 crore on November 6, 2026.
- The allotment was made through private placement to multiple investors.
- Two issues were made: Rs. 1,500 crore with a 3-year maturity and Rs. 750 crore with a 5-year maturity.
Key details
- Each debenture has a face value of Rs. 1,00,000.
- The 3-year issue has a tenor of 1,096 days and matures on November 6, 2029, while the 5-year issue has a tenor of 1,826 days with maturity on November 6, 2031.
- Both series carry an annual coupon rate of 8.78%.
- Coupons are paid annually on November 6 each year with the principal repaid at maturity.
- The debentures are secured with first pari passu charge over receivables, securities, future movable and current assets as identified by the company.
- The NCDs are listed on both the BSE and NSE national stock exchanges.
Funding and capital details
- The 3-year NCDs were allotted at a weighted average price of Rs. 1,00,382.77 per debenture.
- The 5-year NCDs were allotted at a weighted average price of Rs. 1,00,746.67 per debenture.
- No defaults or delays in payment of interest or principal have been reported to date.
Regulatory and governance context
- The issuance complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
- The allotment was duly communicated to stock exchanges and regulatory authorities on November 6, 2026.
Highlights
- Total allotment of Rs. 2,250 crore in secured Non-Convertible Debentures (NCDs)
- 1,50,000 NCDs issued totaling Rs. 1,500 crore with a 1,096-day tenor
- 75,000 NCDs issued totaling Rs. 750 crore with a 1,826-day tenor
- Coupon rate fixed at 8.78% per annum for both tenors
- NCDs listed on BSE and NSE exchanges
- Security via first pari passu charge over company assets and receivables
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021
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