Aditya Birla Capital Limited (ABCL) has received approval from the Reserve Bank of India (RBI) for two significant leadership appointments, marking a new chapter in the company's management structure.

New Leadership Appointments

The RBI has given its nod to the appointments of:

1. Vishakha Mulye as Managing Director and CEO
2. Rakesh Singh as Executive Director and CEO (NBFC)

These appointments, initially recommended by ABCL's Board of Directors on March 31, 2025, have now received the central bank's stamp of approval.

Approval Timeline and Validity

• RBI Approval Date: August 22, 2025
• Company Receipt Date: August 25, 2025
• Validity Period: Six months from the date of issue

Next Steps

Aditya Birla Capital has announced that it will soon convene a Board of Directors meeting to:

1. Formalize these appointments
2. Seek shareholder approval for the new leadership roles

Regulatory Compliance

The company has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background on Appointments

• Vishakha Mulye: Recommended for a five-year term as Managing Director and CEO
• Rakesh Singh: Appointed as Executive Director and CEO (NBFC) until July 22, 2027

These appointments are subject to shareholder approval, which the company will seek in due course.

The RBI's approval for these key leadership changes comes as part of the regulatory process under the Master Direction – Reserve Bank of India (Non-Banking Financial Company (NBFC) – Scale Based Regulation) Directions, 2023.

Aditya Birla Capital Limited (ABCL) has successfully raised Rs 200.00 crore through the allotment of perpetual debentures to identified investors via private placement. The company made this announcement in a filing to the stock exchanges on August 18, 2025.

Debenture Details

ABCL allotted 200 unsecured, redeemable, rated, listed, non-convertible perpetual debentures, each with a face value of Rs 1.00 crore. The key features of these debentures include:

• Coupon Rate: 8.42% per annum
• Interest Payment: Annual payments on August 18
• Tenor: Perpetual, with a call option after 10 years and 31 days
• Listing: BSE Limited and National Stock Exchange of India Limited

Issue Highlights

The company initially planned for an issue size of Rs 150.00 crore with a green shoe option of up to Rs 150.00 crore. ABCL utilized the full capacity, raising the total amount to Rs 200.00 crore.

Call Option

While these are perpetual instruments with no fixed maturity date, ABCL has included a call option. This option can be exercised any time after 10 years and 31 days from the allotment date, which falls on September 18, 2035.

Regulatory Compliance

The allotment was made in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

This strategic move by Aditya Birla Capital Limited demonstrates the company's ability to leverage financial instruments for long-term capital raising, potentially supporting its growth and operational needs in the coming years.