Shares of Aditya Birla Group companies came under intense selling pressure on Tuesday as investors reacted to the announcement of significant block deal plans worth Rs 682 crores. The market response was swift and negative, with both Aditya Birla Fashion and Retail (ABFRL) and Aditya Birla Lifestyle Brands experiencing substantial declines during the trading session.

Stock Performance Details

The impact on share prices was particularly pronounced for ABFRL, which bore the brunt of the selling pressure. The stock witnessed its steepest intraday decline, falling over 8% during the trading session.

Market Impact

Aditya Birla Fashion and Retail hit a fresh 52-week low of Rs 65.81 on the exchanges, highlighting the severity of the market reaction to the block deal announcement. The decline represents a significant setback for the stock, which has been under pressure amid the large transaction plans.

Both group entities experienced similar selling patterns, with declines exceeding 8% as market participants responded to the news of the substantial block deals. The announcement appears to have triggered concerns among investors, leading to the sharp correction in share prices across the Aditya Birla Group's retail and lifestyle segments.

Aditya Birla Real Estate Limited has received in-principle approval from BSE Limited on January 13, 2026, for significant amendments to its Debenture Trust Deed clauses. The approval pertains to the company's ₹250.00 crore issuance of 8.05% Unsecured, Listed, Rated, Senior, Redeemable, Non-Convertible Debentures under ISIN INE055A08045.

Debenture Details and Amendment Scope

The amendments affect 25,000 Non-Convertible Debentures with a face value of ₹1,00,000.00 each, totaling ₹250.00 crores issued on a private placement basis. The debentures carry scrip code 975457 and are listed on BSE. The proposed changes involve modifications to the original Debenture Trust Deed dated March 1, 2024, and the First Amendment Deed dated June 16, 2025.

Key Amendment Provisions

The BSE approval covers two primary modifications to the debenture structure. The first involves adding a sub-clause related to Call Option under the Mandatory Redemption Event clause, expanding the company's flexibility in early redemption scenarios. The second amendment removes the existing clause related to Disposal of Assets, eliminating previous restrictions on asset transactions.

Mandatory Redemption Event Enhancement

The amended Mandatory Redemption Event definition now includes a Call Option provision as the fifth trigger event. The revised clause maintains existing conditions including unlawful holding situations, credit rating downgrades to 'A' or below, rating withdrawals, and events of default, while adding the new call option mechanism.

Asset Disposal Restriction Removal

The amendment eliminates Sub-Clause 2.26 under General Undertakings, which previously restricted the company from disposing assets valued above ₹200.00 crores until the Final Redemption Date. This deletion provides the company with greater operational flexibility in managing its asset portfolio.

Regulatory Compliance and Next Steps

The BSE approval comes with specific conditions that must be fulfilled within the three-month validity period. These include obtaining confirmation letters from National Securities Depository Limited and Central Depository Services (India) Limited regarding the proposed modifications. Additionally, the company must secure in-principle approval from the National Stock Exchange if applicable and ensure compliance with SEBI Listing Regulations, Companies Act 2013, and other relevant laws.

Aditya Birla Real Estate Limited will execute a Second Amendment Deed with the Debenture Trustee, SBICAP Trustee Company Limited, to formalize these changes. The company has disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities.