Aditya Birla Capital has successfully raised ₹810.00 crores through the allotment of non-convertible debentures on a private placement basis. The company allotted 81,000 secured, rated, listed, taxable, redeemable non-convertible debentures to identified investors on December 26, 2025.

Debenture Issue Details

The debentures carry a face value of ₹1,00,000 per debenture, with the total issue size reaching ₹810.00 crores. The company had initially planned an issue size of ₹500.00 crores with a green shoe option of up to ₹500.00 crores, which was utilized to accommodate the final allotment amount.

Pricing and Yield Structure

The debentures were issued at varying prices to different investor categories. The pricing structure reflects competitive yields in the current market environment.

Payment Schedule and Security

The debentures follow a structured payment schedule with coupon payments on February 14 of each year until maturity. The first coupon payment of ₹5,337.07 per debenture is scheduled for February 14, 2026, followed by annual coupon payments of ₹7,378.90 on February 14, 2027, and February 14, 2028. The principal amount of ₹1,00,000 per debenture will be redeemed on the maturity date of February 14, 2028.

The debentures are secured through hypothecation by way of first pari passu charge in favor of the debenture trustee over the company's receivables, securities, future moveable assets, and current assets as identified by the company from time to time.

Listing and Regulatory Compliance

The non-convertible debentures are listed on both BSE Limited and the National Stock Exchange of India Limited. The allotment was conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions under the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

The successful completion of this debenture issue provides Aditya Birla Capital with additional capital resources while offering investors a secured investment option with competitive returns in the current interest rate environment.

Aditya Birla Capital Limited has successfully obtained regulatory approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company-Investment and Credit Company (NBFC-ICC), marking a significant milestone in the company's regulatory framework transformation.

RBI Certificate of Registration Received

The company announced on December 11, 2025, that it has received the Certificate of Registration dated December 9, 2025, from RBI as an NBFC-ICC. This approval formalizes the company's conversion from its previous status as a Non-Banking Financial Company-Core Investment Company (NBFC-CIC) to the new NBFC-ICC category.

Background of the Conversion

The regulatory conversion stems from the Scheme of Amalgamation of Aditya Birla Finance Limited (ABFL) with Aditya Birla Capital Limited, which became effective on April 1, 2025. Following this amalgamation, the Certificate of Registration held by ABFL as NBFC-CIC was cancelled, necessitating the company's application for NBFC-ICC status.

During the interim period, the company had been operating as an NBFC-ICC based on the no-objection letter received from RBI for the amalgamation scheme. The company maintained compliance with all guidelines applicable to NBFC-ICC operations throughout this transition period.

Regulatory Compliance and Impact

The conversion to NBFC-ICC status allows Aditya Birla Capital to continue its financial services operations under the appropriate regulatory framework. The company had previously informed stock exchanges about the effectiveness of the amalgamation scheme on April 1, 2025, and has now completed all necessary regulatory formalities.

The company has fulfilled all disclosure requirements under Regulation 30 of the SEBI Listing Regulations, ensuring transparency with stakeholders regarding this important regulatory development. This approval provides regulatory certainty and enables the company to operate with full authorization under the NBFC-ICC framework.