Aditya Birla Capital Limited (ABCL), a leading financial services company, has made significant moves in both its financial instruments and leadership structure. The company recently allotted secured Non-Convertible Debentures (NCDs) and announced key executive appointments, signaling a strategic shift in its operations and management.

NCD Allotment

ABCL has successfully allotted ₹100.00 crore worth of secured listed Non-Convertible Debentures (NCDs) through a private placement. The company issued 10,000 Secured Redeemable, Rated, Listed NCDs, each with a face value of ₹1.00 lakh. These debentures have the following key features:

• Tenor: 1,366 days
• Maturity Date: May 30, 2029
• Coupon Rate: Zero Coupon
• Security: Hypothecation by way of first pari passu charge over the company's receivables, securities, future moveable assets, and current assets

The NCDs will be listed on both the BSE Limited and the National Stock Exchange of India Limited, enhancing their liquidity and tradability.

Leadership Changes

In a significant leadership reshuffle, ABCL's Board of Directors has approved two key appointments:

1. Ms. Vishakha Mulye has been appointed as the Managing Director and Chief Executive Officer for a five-year term, subject to shareholder approval.

2. Mr. Rakesh Singh has been named Executive Director and Chief Executive Officer (NBFC) for a term ending on July 22, 2027, also pending shareholder approval.

Strategic Vision

Ms. Vishakha Mulye, in her role as Managing Director & CEO (Designate), has already begun implementing her vision of 'One ABC, One P&L'. This strategy focuses on providing a unified customer experience across ABCL's diverse financial offerings. Under her leadership, the company has:

• Expanded its offerings across loans, investments, insurance, and payments
• Developed an omnichannel D2C platform
• Launched 'ABCD', a mobile app for comprehensive financial solutions
• Introduced 'Udyog Plus', a digital B2B lending platform for MSMEs

Capital Raising and Business Restructuring

To support future growth, ABCL has:

• Raised ₹4,500.00 crore in growth capital through various means, including preferential issuances and QIP
• Executed the amalgamation of Aditya Birla Finance Ltd. with Aditya Birla Capital Limited

These strategic moves are expected to enhance operational synergies and create value for stakeholders.

The recent NCD allotment and leadership changes at Aditya Birla Capital reflect the company's commitment to strengthening its financial position and driving growth across its diverse business segments.

Aditya Birla Capital Limited (ABCL) has announced significant leadership changes, appointing Vishakha Mulye as Managing Director and Chief Executive Officer for a five-year term, and Rakesh Singh as Executive Director and Chief Executive Officer of its Non-Banking Financial Company (NBFC) segment.

New Leadership at the Helm

The Board of Directors of Aditya Birla Capital, in a meeting held on September 1, 2025, approved the appointment of Vishakha Mulye as MD & CEO for a period of five years, from September 1, 2025, to August 31, 2030. Concurrently, Rakesh Singh has been appointed as Executive Director and CEO (NBFC) for a term ending on July 22, 2027. Both appointments are subject to shareholder approval.

Vishakha Mulye's Strategic Vision

Vishakha Mulye, who joined ABCL as a director in 2022, has been instrumental in shaping the company's growth trajectory. She developed the 'One ABC, One P&L' strategy, focusing on providing a unified customer experience across the company's diverse financial services offerings. Under her leadership, ABCL has expanded its portfolio across loans, investments, insurance, and payments.

Mulye's tenure has been marked by significant achievements, including:

• Raising Rs 4,500.00 crore in growth capital through various financial instruments
• Overseeing the amalgamation of Aditya Birla Finance Ltd. with ABCL
• Developing an omnichannel D2C platform and the 'ABCD' mobile app for comprehensive financial solutions
• Introducing 'Udyog Plus', a digital B2B lending platform for MSMEs

Rakesh Singh's Expertise in NBFC Sector

Rakesh Singh brings nearly three decades of experience in financial services to his new role. Since joining the Aditya Birla Group in 2011, he has been pivotal in driving growth in both the NBFC and Housing Finance sectors. Prior to this, Singh spent 16 years at Standard Chartered Bank, holding various leadership positions including Head of Mortgages Business in India and General Manager & Head of SME Banking for India and South Asia.

Market Response

The market responded positively to these appointments, with Aditya Birla Capital's shares closing 0.68% higher at Rs 280.00 on the Bombay Stock Exchange (BSE).

Additional Corporate Actions

In a separate announcement, ABCL's Stakeholders Relationship Committee approved the allotment of 2,60,685 equity shares on September 1, 2025. This allotment, made under the company's employee stock option schemes, will increase ABCL's paid-up equity share capital to Rs 26,12,38,97,350.00, consisting of 2,61,23,89,735 equity shares of face value Rs 10.00 each.

These strategic appointments and corporate actions underscore Aditya Birla Capital's commitment to strengthening its leadership and expanding its presence in the financial services sector.