Aditya Birla Capital Limited has successfully completed the allotment of Non-Convertible Debentures worth Rs 505 crore through private placement, marking a significant fundraising milestone for the financial services company. The allotment was completed on March 30, 2026, with the debentures carrying attractive terms for investors.

Debenture Allotment Details

The company allotted 50,500 Secured, Redeemable, Rated, Listed, Non-Convertible Debentures to multiple investors on private placement basis. Each debenture carries a face value of Rs 1,00,000, bringing the total allotted issue size to Rs 5,05,00,00,000.

Financial Terms and Structure

The debentures offer a competitive coupon rate of 7.7173% per annum with a tenor of 1870 days, providing investors with a structured investment opportunity. The maturity date is set for May 13, 2031, when the principal amount will be redeemed at Rs 1,00,000 per debenture.

Coupon Payment Schedule

The debentures follow a structured coupon payment schedule with six coupon payments over the tenor period. The first coupon payment of Rs 930.31 per debenture is scheduled for May 13, 2026, followed by annual payments of Rs 7,717.30 per debenture.

Listing and Security Features

The Non-Convertible Debentures are listed on both BSE Limited and National Stock Exchange of India Limited, providing liquidity options for investors. 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.

The original issue was sized at Rs 500 crore with a green shoe option extending up to Rs 1000 crore. The successful allotment of Rs 505 crore demonstrates strong investor confidence in the company's financial strength and growth prospects. The funds raised through this debenture issue will support the company's business operations and expansion plans in the financial services sector.

Aditya Birla Capital Limited shareholders have successfully approved three critical resolutions through postal ballot on 26 March 2026, demonstrating strong investor confidence in the company's strategic decisions. The voting process was conducted entirely through remote e-voting, with shareholders showing overwhelming support for all proposed resolutions.

Key Resolutions Approved

The postal ballot covered three significant corporate actions that will shape the company's leadership and funding capabilities:

Voting Process and Timeline

The e-voting process commenced on Wednesday, 25 February 2026 at 9:00 a.m. (IST) and concluded on Thursday, 26 March 2026 at 5:00 p.m. (IST). KFin Technologies Limited served as the Registrar and Transfer Agent, providing the remote e-voting facility to shareholders. Mr. Vaibhav Dandawate from M/s. Makarand M. Joshi & Co., Practicing Company Secretaries, was appointed as the Scrutinizer to oversee the voting process.

Overwhelming Shareholder Support

All three resolutions received exceptional support from shareholders across all categories. The voting results demonstrate strong confidence in the company's governance decisions:

Resolution 1 - Independent Director Appointment

Resolution 2 - Non-Executive Director Appointment

Resolution 3 - NCD Issuance Authorization

Strong Participation Rate

The postal ballot witnessed significant shareholder participation with 84.32% of total outstanding shares participating in the voting process. Out of 548,618 total shareholders on record date (19 February 2026), the company achieved substantial engagement across all shareholder categories. The Promoter and Promoter Group showed the highest participation rate at 98.13%, followed by Public Institutions at 77.52%.

Corporate Governance Excellence

The successful completion of the postal ballot process reflects Aditya Birla Capital's commitment to transparent corporate governance practices. The appointment of two new directors will strengthen the board's expertise and independence, while the NCD issuance authorization provides the company with additional funding flexibility for future growth initiatives. All resolutions were passed with the requisite majority as per regulatory requirements.