Aditya Birla Capital Limited has announced that India Ratings & Research Private Limited has assigned and affirmed credit ratings for subordinate debt instruments of its material subsidiary, Aditya Birla Sun Life Insurance Company Limited. The rating action, communicated through a letter dated February 26, 2026, covers debt instruments totaling ₹1,500 crore.

Rating Details and Breakdown

The credit rating agency has provided IND AAA/Stable ratings across five subordinate debt instruments. The rating actions include both new assignments and affirmations of existing ratings.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing was submitted to both BSE Limited and The National Stock Exchange of India Limited on February 27, 2026.

The rating rationale issued by India Ratings & Research Private Limited is available on the rating agency's website for detailed review. The company has also informed international stakeholders, including the Luxembourg Stock Exchange and various custodial service providers.

Significance of AAA Rating

The IND AAA/Stable rating represents the highest credit quality category, indicating extremely strong capacity for timely payment of financial commitments. The stable outlook suggests that the rating is unlikely to change in the near term. This rating affirmation and new assignment demonstrate the strong financial profile of Aditya Birla Sun Life Insurance Company Limited as a material subsidiary within the Aditya Birla Capital group.

Aditya Birla Capital is set to feature in the MSCI February rejig, with key announcements scheduled for today at 3pm. The financial services company is positioned for inclusions worth USD 270M, equivalent to Rs 24.6B.

MSCI Rejig Details

The MSCI February rejig represents a significant milestone for Aditya Birla Capital, with the inclusion amount highlighting the company's growing market presence. The announcement timing at 3pm today marks an important development for stakeholders tracking index changes.

Market Implications

MSCI index inclusions typically influence institutional investment flows, as passive funds tracking these indices adjust their portfolios accordingly. The substantial inclusion amount of USD 270M underscores the significance of this development for Aditya Birla Capital's market positioning.

The timing of today's 3pm announcement will provide clarity on the specific details of the inclusion and its implementation timeline within the MSCI February rejig framework.