Aditya Birla Capital has raised Rs 1,100 crore through allotment of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 each on private placement basis.
Of the total, the company has raised Rs 500 crore by allotting NCDs having a coupon rate of 8.26% per annum and June 16, 2031 as date of redemption. Additionally, the company has raised Rs 600 crore by allotting NCDs having a coupon rate of 8.10% per annum and September 7, 2029 as date of redemption.
Aditya Birla Capital is one of the largest financial services players in India.
