Aditya Birla Real Estate Limited has announced its decision to exercise the call option for early redemption of its 8.05% non-convertible debentures (NCDs) worth Rs. 250 crores. The company communicated this decision to both BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Debenture Details and Redemption Terms

The redemption involves 25,000 unsecured, listed, rated, senior, redeemable, non-convertible debentures with a face value of Rs. 1,00,000 each. These debentures were issued under private placement basis and carry the ISIN INE055A08078 (Series XXII).

Record Date and Payment Schedule

The company has established specific dates for the redemption process in compliance with SEBI regulations. The record date has been strategically set considering business day requirements.

The record date was originally planned for April 19, 2026, but was moved to April 17, 2026, as April 19 falls on a non-business day, requiring the date to be set on the immediately preceding business day as per the Placement Memorandum.

Financial Breakdown

The total redemption amount comprises multiple components as outlined in the call option notice. The company will pay a comprehensive amount covering all obligations under the debenture trust deed.

Regulatory Compliance and Documentation

The redemption process follows the terms stated in the Second Amendment Debenture Trust Deed dated March 30, 2026, read with the Original Debenture Trust Deed dated March 1, 2024. SBICAP Trustee Company Limited serves as the debenture trustee, while ICICI Bank Limited holds the debentures.

The company has issued formal call option notices to both the debenture trustee and debenture holders, informing them of the intent to exercise the call option. In case of any payment delays beyond the call option date, the company will be liable to pay interest on the overdue amount at 15% per annum until actual payment.

Administrative Procedures

Aditya Birla Real Estate Limited will submit letters to National Securities Depository Limited and Central Depository Services (India) Limited for solicited BENPOS for the redemption process. The intimation has been made available on the company's website at www.adityabirlarealestate.com for stakeholder reference.

Aditya Birla Real Estate has achieved exceptional success with its luxury residential project Birla Arika Phase 2 in Sector 31, Gurugram, recording bookings exceeding ₹1,600 crore within just one month of launch. The project demonstrated remarkable market response with 152 of 156 units sold, representing nearly 97% sales achievement that reflects strong buyer confidence in luxury housing developments.

Outstanding Sales Performance Within Launch Month

Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate Limited, accomplished this milestone through strategic positioning in Central Gurugram's established residential micro-market. The rapid sales success underscores the project's appeal to luxury homebuyers seeking premium living experiences.

Strategic Location and Premium Positioning

Birla Arika Phase 2 benefits from its strategic location in Central Gurugram, offering seamless connectivity to key commercial hubs including Cyber City, Golf Course Road, and Udyog Vihar. The project's proximity to established social infrastructure, including reputed educational institutions, healthcare facilities, and retail destinations, positions it as a preferred residential address within the NCR region.

K.T. Jithendran, MD & CEO of Birla Estates, commented on the strong response: "Birla Arika has been conceptualised with a clear focus on design-led differentiation — from low-density planning and expansive green spaces to thoughtfully curated lifestyle amenities. The strong response to Phase 2 reinforces our belief that today's luxury homebuyers are seeking not just scale, but superior everyday living experiences."

Project Features and Market Appeal

Envisioned as a low-density community, Birla Arika features four exclusive clubs offering distinct lifestyle experiences tailored to diverse resident needs. The project's success reflects broader shifts in buyer preferences toward spacious residences, expansive landscaped areas, and thoughtfully curated lifestyle amenities aligned with evolving urban living aspirations.

Continued Portfolio Success

This achievement builds on Birla Estates' growing momentum across NCR markets. Phase I of Birla Arika previously recorded sales of approximately ₹3,000 crore, while the recent launch of Birla Pravaah in Gurugram Sector 71 achieved a 24-hour post-launch sell-out with bookings exceeding ₹1,800 crore, demonstrating sustained buyer confidence in the company's luxury residential offerings.

The success reinforces Birla Estates' commitment to creating distinctive, high-quality developments through sustainability, execution excellence, customer centricity, and thoughtful design across its premium residential portfolio.