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Aditya Birla Capital raise Rs 200 crore via debentures

The debentures have a coupon rate of 8.4232% p.a.

Aditya Birla Capital has raised Rs 200 crore through debentures. The company has allotted 200 Unsecured Redeemable, Rated, Listed, Non-Convertible Perpetual Debentures having a face value of Rs 1 crore per debenture on private placement basis, to identified investors. The debentures have a coupon rate of 8.4232% p.a. The tenor of debentures is Perpetual, unless call option is exercised any time after 10 years and 31 days (September 18, 2035) from the Deemed Date of Allotment (August 18, 2025). 

Aditya Birla Capital is one of the largest financial services players in India.