Aditya Birla Capital Raises Rs. 1,095 Crores Through Non-Convertible Debentures

1 min read     Updated on 24 Sept 2025, 09:38 PM
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Overview

Aditya Birla Capital Limited (ABCL) has raised Rs. 1,095 crores by allotting Non-Convertible Debentures (NCDs) to multiple investors via private placement. The allotment includes four series of secured, redeemable, rated, and listed debentures with varying coupon rates and maturity dates. The NCDs are secured by hypothecation of ABCL's receivables, securities, and current assets, and are listed on both BSE and NSE. This fundraising demonstrates ABCL's strong position in the debt market and its strategic approach to capital management.

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Aditya Birla Capital Limited (ABCL) has successfully raised Rs. 1,095 crores through the allotment of Non-Convertible Debentures (NCDs) via private placement to multiple investors. The company made this announcement on September 24, 2025, marking a significant move in its financial strategy.

Debenture Details

The allotment comprises four series of secured, redeemable, rated, and listed debentures:

Series Amount Raised (Rs. Crores) Number of Debentures Coupon Rate (%) Maturity Date
1 300.00 30,000 6.92 March 24, 2028
2 250.00 25,000 7.38 February 14, 2028
3 250.00 25,000 7.30 September 15, 2028
4 295.00 29,500 7.52 September 24, 2030

All debentures have a face value of Rs. 1 lakh each.

Security and Listing

The NCDs are secured by hypothecation of receivables, securities, and current assets of Aditya Birla Capital Limited. This security arrangement provides a first pari-passu charge in favor of the Debenture Trustee over the company's assets.

These debentures are listed on both the BSE Limited and the National Stock Exchange of India Limited, enhancing their liquidity and tradability.

Coupon Payment and Redemption

The coupon payments for each series vary:

  • Series 1 has a floating rate of 3M OIS + 1.46%, currently at 6.92% p.a.
  • Series 2, 3, and 4 have fixed rates of 7.38%, 7.30%, and 7.52% p.a., respectively.

Coupon payments will be made periodically, with specific schedules detailed for each series. All debentures will be redeemed at their face value of Rs. 1,00,000 per debenture on their respective maturity dates.

Significance of the Issuance

This substantial fund-raising exercise demonstrates Aditya Birla Capital's strong position in the debt market and its ability to attract institutional investors. The varied maturity profiles and interest rates of the NCDs suggest a strategic approach to managing the company's debt structure and cash flows.

The successful placement of these NCDs could provide ABCL with additional capital for its operations, potentially supporting growth initiatives or refinancing existing debt obligations.

As the financial services sector continues to evolve, Aditya Birla Capital's move to raise funds through NCDs reflects its proactive approach to capital management and its commitment to maintaining a robust financial position in the market.

Historical Stock Returns for Aditya Birla Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-2.65%-3.54%-0.75%+53.72%+18.06%+331.73%
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Aditya Birla Capital Appoints New Leadership, Seeks Shareholder Approval

2 min read     Updated on 15 Sept 2025, 06:23 PM
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Naman SharmaScanX News Team
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Overview

Aditya Birla Capital Limited (ABCL) seeks shareholder approval for appointing Vishakha Mulye as Managing Director and CEO, and Rakesh Singh as Executive Director and CEO (NBFC). Mulye's proposed term is from September 1, 2025, to August 31, 2030, with a remuneration package including a basic salary of ₹4.07 crore and performance bonus up to ₹10.00 crore annually. Singh's proposed term is from September 1, 2025, to July 22, 2027, with a basic salary of ₹2.38 crore and performance bonus up to ₹7.00 crore annually. Both appointments have RBI approval. E-voting for shareholders is scheduled from September 16 to October 15, 2025, with results to be announced by October 17, 2025.

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Aditya Birla Capital Limited (ABCL) has announced significant changes to its top leadership, seeking shareholder approval for the appointment of two key executives. The company has issued a postal ballot notice for the appointment of Ms. Vishakha Mulye as Managing Director and CEO, and Mr. Rakesh Singh as Executive Director and CEO (NBFC).

New Leadership Appointments

Ms. Vishakha Mulye, who has been serving as the Chief Executive Officer of ABCL since July 2022, is proposed to be appointed as Managing Director and CEO for a five-year term from September 1, 2025, to August 31, 2030. Under her leadership, ABCL has expanded its offerings across Loans, Investments, Insurance, and Payments, and developed an omnichannel D2C platform.

Mr. Rakesh Singh, who has been instrumental in driving the growth of both the Non-Banking Financial Company (NBFC) and Housing Finance sectors within the Aditya Birla group since 2011, is proposed to be appointed as Executive Director and CEO (NBFC) from September 1, 2025, to July 22, 2027.

Remuneration Details

The proposed remuneration packages for both executives are as follows:

Executive Basic Salary (per annum) Special Allowance (per annum) Performance Bonus (up to)
Ms. Vishakha Mulye ₹4.07 crore ₹3.15 crore ₹10.00 crore
Mr. Rakesh Singh ₹2.38 crore ₹1.18 crore ₹7.00 crore

Regulatory Approval and Voting Process

Both appointments have received approval from the Reserve Bank of India. The company will conduct remote e-voting for shareholder approval from September 16 to October 15, 2025. The results of the postal ballot will be announced by October 17, 2025.

Strategic Implications

These appointments come at a crucial time for Aditya Birla Capital. Under Ms. Mulye's leadership, the company has already implemented the 'One ABC, One P&L' strategy, focusing on 'One Customer, One Experience and One Team'. This approach has driven accelerated growth and improved profitability across ABCL's businesses.

Ms. Mulye has also been instrumental in raising ₹4,500.00 crore in growth capital and executing the amalgamation of Aditya Birla Finance Ltd. with Aditya Birla Capital Limited, which is expected to enhance value creation for all stakeholders.

Mr. Singh brings nearly three decades of experience in financial services, with expertise in both banking and non-banking financial companies. His leadership in the NBFC sector is expected to further strengthen ABCL's position in providing comprehensive lending, financing, and wealth management solutions.

These strategic appointments reflect Aditya Birla Capital's commitment to strengthening its leadership team and positioning itself for future growth in the dynamic financial services sector.

Shareholders will have the opportunity to vote on these appointments, which could significantly impact the company's future direction and performance in the competitive financial services landscape.

Historical Stock Returns for Aditya Birla Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-2.65%-3.54%-0.75%+53.72%+18.06%+331.73%
Aditya Birla Capital
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