India Ratings Affirms Aditya Birla Capital's IND AAA Rating with Stable Outlook

Aditya Birla Capital Limited has received an affirmation of its credit ratings from India Ratings and Research, maintaining its strong financial position in the market. The rating agency has affirmed the company's Long-Term Issuer Rating at 'IND AAA' with a Stable Outlook, as communicated to stock exchanges on 07 April 2026.

Rating Affirmation Details

India Ratings and Research issued a press release on 06 April 2026 confirming the rating affirmation. The total rated amount has increased to ₹14,62,799 million from the previous ₹12,62,799 million, reflecting the company's expanded debt portfolio and financial capacity.

Instrument-wise Rating Actions

The rating agency has taken specific actions across various debt instruments of Aditya Birla Capital:

Instrument	Previous Amount (₹ million)	Current Amount (₹ million)	Rating Action
Bank loan facilities	-	2,00,000	IND AAA/Stable; Assigned
Non-convertible debentures	3,09,066	3,09,066	IND AAA/Stable; Affirmed
Non-convertible debentures (public issue)	40,000	40,000	IND AAA/Stable; Affirmed
Bank loan facilities	7,00,000	7,00,000	IND AAA/Stable; Affirmed
Lower tier-2 subordinated debt	41,500	41,500	IND AAA/Stable; Affirmed
Commercial paper	1,50,000	1,50,000	IND A1+; Affirmed
Principal protected market-linked debenture	15,233	15,233	IND PP MLD AAA/Stable; Affirmed
Perpetual debt	7,000	7,000	IND AA+/Stable; Affirmed

Key Rating Highlights

The rating affirmation encompasses multiple categories of debt instruments with varying rating grades. The majority of instruments maintain the highest 'IND AAA' rating with Stable Outlook, indicating strong creditworthiness. Notable aspects include:

Assignment of new bank loan facilities worth ₹2,00,000 million with IND AAA/Stable rating
Affirmation of existing non-convertible debentures totaling ₹3,49,066 million
Commercial paper facilities of ₹1,50,000 million rated at IND A1+
Perpetual debt rated at IND AA+/Stable

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been communicated to BSE Limited and The National Stock Exchange of India Ltd, along with international exchanges including Luxembourg Stock Exchange.

Company Secretary & Compliance Officer Santosh Haldankar signed the regulatory filing, ensuring proper compliance with listing requirements. The press release from India Ratings and Research is available on their official website for detailed analysis of the rating rationale.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.72%	+1.75%	+8.20%	+13.47%	+73.83%	+183.43%

Aditya Birla Capital Limited has completed the allotment of 8,14,359 equity shares under its Employee Stock Option Schemes, as approved by the company's Stakeholders Relationship Committee on 02 April 2026. The allotment represents a strategic move to reward employees through equity participation while expanding the company's share capital base.

ESOP Allotment Details

The share allotment was executed under two distinct employee stock option schemes operated by the company. The distribution demonstrates the company's commitment to employee incentivization across multiple programs.

Scheme Details:	Share Allocation
ABCL Scheme 2017:	5,69,447 equity shares
ABCL Scheme 2022:	2,44,912 equity shares
Total Allotment:	8,14,359 equity shares
Face Value per Share:	₹10
Allotment Date:	02 April 2026

Impact on Share Capital Structure

The allotment has resulted in a measurable increase in the company's paid-up equity share capital. The expansion reflects the ongoing utilization of employee stock option programs as part of the company's human resource strategy.

Capital Parameter:	Before Allotment	After Allotment
Paid-up Capital:	₹26,19,60,60,940	₹26,20,42,04,530
Number of Shares:	2,61,96,06,094	2,62,04,20,453
Face Value:	₹10 per share	₹10 per share

Share Rights and Regulatory Compliance

All newly allotted equity shares will rank pari passu with the existing equity shares of the company in all aspects, ensuring equal treatment for all shareholders. The company has fulfilled its regulatory obligations by informing the stock exchanges and relevant stakeholders about the allotment.

The notification was sent to multiple stakeholders including BSE Limited, The National Stock Exchange of India Ltd, Luxembourg Stock Exchange, and various custodial and depositary service providers. This comprehensive communication ensures transparency and compliance with listing requirements across different jurisdictions where the company's securities are traded.