Aditya Birla Capital raises ₹3,400cr via secured NCDs
Aditya Birla Capital Limited (ABCL) just raised ₹3,400 crore by issuing secured, partly paid non-convertible debentures (NCDs).
Split into two tranches of ₹1,700 crore each at ₹50,000 per debenture, this move is aimed at strengthening ABCL's financial position.
Maturity, interest details
These NCDs offer a fixed 7.61% interest rate and will mature in 2035.
Investors start getting annual interest from September 2026.
When they mature on September 11, 2035, each debenture pays back ₹1 lakh. Plus, they're backed by ABCL's assets for extra security.
NCDs listed on BSE, NSE
The NCDs are listed on both the BSE and NSE—so they're out there in the market now. No special perks or defaults have been reported.
With its presence in asset management, insurance, lending and wealth management, ABCL's stock closed at ₹291.35 on September 12—a reflection of its diverse financial services portfolio.