Aditya Birla Capital has raised Rs 254 crore through allotment of 20,900 secured redeemable, rated, listed, non-convertible debentures (NCDs). Out of these 20,900 NCDs, the 20,400 NCDs carry a face value of Rs 1 lakh apiece and offer a coupon rate of 7.6043% per annum with a tenor of 3,649 days.
Meanwhile, the rest 500 NCDs carry a face value of Rs 10 lakh apiece and offer a coupon rate of 7.2400% per annum with a tenor of 3,652 days.
Aditya Birla Capital is one of the largest financial services players in India.