Aditya Birla Capital Limited has successfully completed the allotment of ₹163 crore worth of Non-Convertible Perpetual Debentures on private placement basis. The company informed stock exchanges on February 27, 2026, about this significant fundraising milestone under Regulation 30 of SEBI Listing Regulations.

Debenture Allotment Details

The company has allotted 163 Unsecured, Rated, Listed, Taxable, Redeemable Non-Convertible Perpetual Debentures to identified investors through private placement:

Issue Structure and Terms

The debenture issue was structured with flexibility to accommodate market demand. The original issue size was ₹100 crore with a green shoe option extending up to ₹150 crore. The final allotment of ₹163 crore exceeded even the green shoe limit, indicating strong investor appetite.

Key Features and Payment Schedule

The perpetual debentures carry distinctive features that make them attractive to institutional investors. The instruments are listed on both BSE Limited and National Stock Exchange of India Limited, providing liquidity options for investors.

Coupon and Redemption Terms

The debentures are perpetual in nature, meaning they have no fixed maturity date. However, the company retains a call option that can be exercised any time after 10 years, 4 months, and 27 days from the deemed date of allotment, specifically after July 24, 2036.

Regulatory Compliance and Listing

The allotment complies with SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, and other applicable provisions. The debentures are rated and listed, providing transparency and regulatory oversight for investors.

The company has also notified international stakeholders including Luxembourg Stock Exchange, Citi Bank N.A. for custodial and depository receipt services, and Banque Internationale à Luxembourg SA as the listing agent, indicating the global nature of the investor base.

Strategic Capital Raising Context

This debenture allotment represents part of Aditya Birla Capital's broader capital raising strategy. The company had previously sought shareholder approval through postal ballot for various categories of Non-Convertible Debentures with an overall limit of ₹1,36,000 crore across different instruments including secured and unsecured debentures, masala bonds, and Tier I and Tier II capital instruments.

The successful completion of this ₹163 crore allotment demonstrates the company's ability to access capital markets effectively and provides additional financial flexibility for its business operations and growth initiatives.

Aditya Birla Capital Limited has announced that India Ratings & Research Private Limited has assigned and affirmed credit ratings for subordinate debt instruments of its material subsidiary, Aditya Birla Sun Life Insurance Company Limited. The rating action, communicated through a letter dated February 26, 2026, covers debt instruments totaling ₹1,500 crore.

Rating Details and Breakdown

The credit rating agency has provided IND AAA/Stable ratings across five subordinate debt instruments. The rating actions include both new assignments and affirmations of existing ratings.

Regulatory Compliance and Disclosure

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 regulatory filing was submitted to both BSE Limited and The National Stock Exchange of India Limited on February 27, 2026.

The rating rationale issued by India Ratings & Research Private Limited is available on the rating agency's website for detailed review. The company has also informed international stakeholders, including the Luxembourg Stock Exchange and various custodial service providers.

Significance of AAA Rating

The IND AAA/Stable rating represents the highest credit quality category, indicating extremely strong capacity for timely payment of financial commitments. The stable outlook suggests that the rating is unlikely to change in the near term. This rating affirmation and new assignment demonstrate the strong financial profile of Aditya Birla Sun Life Insurance Company Limited as a material subsidiary within the Aditya Birla Capital group.