Aditya Birla Capital Allots ₹3,400-Crore NCDs

Aditya Birla Capital, a financial services company, has sold some special bonds called NCDs to certain investors.

These bonds are worth ₹3,400 crore in total.

They are divided into two parts, each raising ₹1,700 crore.

Each bond costs ₹50,000.

The bonds will mature in about 10 years, specifically on September 11, 2035.

Investors will get 7.61% interest each year starting from September 12, 2026, and the full amount back when the bonds mature.

These bonds are secured, meaning they are backed by some of the company's assets.

The company's stock also increased slightly on the same day.