Description
BSE lists privately placed perpetual debt securities of Aditya Birla Capital Ltd (ISIN INE674K08075) at 8.37% p.a. on the BSE Debt Segment effective March 4, 2026.
Summary
BSE has listed privately placed perpetual debt securities of Aditya Birla Capital Ltd on its Debt Segment effective March 4, 2026. The securities carry an interest rate of 8.37% per annum and are rated AA+ (Stable) by both CRISIL and ICRA, indicating high credit quality.
Key Points
- Company: Aditya Birla Capital Ltd
- Scrip Code: 977603 | Scrip ID: 837ABCPERP
- ISIN: INE674K08075
- Instrument: ABCL-8.37%-PERPETUAL-PVT
- Quantity Listed: 163 units | Market Lot: 1
- Face Value / Paid-up Value: Rs. 1,00,00,000 (Rs. 10 million) per unit
- Issue Price: Rs. 99,69,325.15 per unit
- Date of Allotment: February 27, 2026
- Interest Rate: 8.37% p.a., paid annually from February 27, 2027
- Redemption Date: December 31, 2999 (effectively perpetual)
- Credit Rating: CRISIL AA+/Stable and ICRA AA+/Stable
- Trading is permitted only in dematerialised form
- Tick size: 1 paise
Regulatory Changes
No new regulatory changes introduced. This is a standard fresh listing notification under BSE’s debt market framework for privately placed instruments.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE674K08075.
- Members requiring clarification may contact BSE’s Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915.
- Placement Memorandum is available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
- Put/Call option terms are governed by the Disclosure Document.
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | February 27, 2026 |
| Listing / Trading Effective | March 4, 2026 |
| First Interest Payment | February 27, 2027 |
| Redemption Date | December 31, 2999 (Perpetual) |
Impact Assessment
This is a routine debt listing with limited market impact. The perpetual nature of the instrument and small quantity (163 units at Rs. 10 million face value each, totalling ~Rs. 163 crore) makes it relevant primarily to institutional fixed-income investors. The AA+/Stable dual rating from CRISIL and ICRA signals strong credit quality. Trading members in the BSE Debt Segment should update their systems with the new scrip details.
Impact Justification
Routine private placement debt listing of a small 163-unit perpetual bond tranche by Aditya Birla Capital; limited market impact as it affects only institutional debt segment participants.