Aditya Birla Capital raises ₹1,100 cr via NCDs at 8.26%

Aditya Birla Capital has allotted Non-Convertible Debentures (NCDs) aggregating ₹1,100 crore on a private placement basis to multiple investors on June 16, 2026. The issuance is split into two tranches, comprising secured, rated, listed, and redeemable debt instruments. The funds were raised pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

The first tranche consists of 50,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹500 crore. These debentures carry a coupon rate of 8.26% per annum and have a tenor of 1,826 days, maturing on June 16, 2031. The second tranche involves 60,000 NCDs, also with a face value of ₹1,00,000 each, aggregating to ₹600 crore. This series offers a coupon rate of 8.10% per annum with a tenor of 1,179 days, maturing on September 7, 2029.

Terms of Allotment

The details of the two NCD series are outlined below:

Particulars	Series 1	Series 2
Allotted Issue Size	₹500 Crore	₹600 Crore
Number of Securities	50,000	60,000
Coupon Rate	8.2600% p.a.	8.1000% p.a.
Tenor	1,826 days	1,179 days
Date of Allotment	June 16, 2026	June 16, 2026
Date of Maturity	June 16, 2031	September 7, 2029
Face Value	₹1,00,000	₹1,00,000

Security and Listing

Both series of NCDs are secured by way of a first pari passu charge in favour of the Debenture Trustee over the company's receivables, securities, future movable assets, and current assets. The securities have been listed on BSE Limited and the National Stock Exchange of India Limited. There is no delay in the payment of interest or principal for any existing debt instruments of the company, and no letters or comments have been received regarding payment defaults.

The company stated that the redemption price for the debentures will be ₹1,00,000 per instrument on the respective dates of maturity. Santosh Haldankar, Company Secretary and Compliance Officer, signed the filing submitted to the exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.52%	+8.66%	+4.66%	+6.25%	+50.27%	+198.80%

Aditya Birla Capital Limited secured shareholder approval on June 12, 2026, to raise up to ₹4,000 crore through a preferential allotment of equity shares. The Extra-Ordinary General Meeting (EoGM) authorized the issuance of shares to Grasim Industries Limited, Suryaja Investments Pte. Ltd., and International Finance Corporation (IFC) on a private placement basis. The capital infusion aims to strengthen the company's financial position while altering its shareholding structure on a fully diluted basis.

The meeting, conducted via Video Conferencing, saw the passage of three special resolutions. Grasim Industries Limited will subscribe to shares for an aggregate consideration not exceeding ₹2,880 crore. Suryaja Investments Pte. Ltd., an Aditya Birla Group entity and promoter group company, will invest up to ₹200 crore. Additionally, International Finance Corporation (IFC) will infuse funds not exceeding ₹920 crore.

Voting Results

M/s. Makarand M. Joshi & Co., appointed as the Scrutinizer, reported that all resolutions were approved with the requisite majority. The remote e-voting period commenced on June 9, 2026, and concluded on June 11, 2026. A total of 5,30,418 shareholders were on record as of June 5, 2026.

Resolution	Allottee	Consideration	Votes Favour	Votes Against	% Favour
Special Resolution 1	Grasim Industries Limited	₹2,880 crore	2,18,35,16,628	1,40,36,053	99.36%
Special Resolution 2	Suryaja Investments Pte. Ltd.	₹200 crore	2,18,35,23,528	1,40,29,174	99.36%
Special Resolution 3	International Finance Corporation	₹920 crore	2,19,75,11,200	41,481	99.99%

Shareholding Impact

The preferential issue will increase the total number of equity shares to 2,77,45,82,546 on a fully diluted basis. The Promoter and Promoter Group holding is projected to adjust from 68.48% to 67.81%, while Non-Promoters holding is expected to rise from 31.52% to 32.19%. Grasim Industries Limited's post-issue holding is estimated at 52.29%, while Suryaja Investments Pte. Ltd. and IFC will hold 0.20% and 0.93%, respectively.

The filing was submitted to BSE Limited and the National Stock Exchange of India Ltd in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.