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Aditya Birla Capital raises Rs 200 crore through NCDs

The NCDs carry a coupon rate of 8.16% per annum and will mature on February 14, 2029

Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis. The company has allotted 20,000 Unsecured, Rated, Listed, Taxable, Redeemable, NCDs, having a face value of Rs 1,00,000 each. The NCDs carry a coupon rate of 8.16% per annum and will mature on February 14, 2029.

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