Aditya Birla Money extends preference share redemption, revises price

Aditya Birla Money Ltd. announced that its board of directors, at a meeting on December 15, 2025, approved a one-year extension for the redemption period of its 16,00,000 – 4% redeemable non-convertible non-cumulative preference shares (RNCNCPS). These shares, with a face value of ₹100 each, were issued to Aditya Birla Capital Limited and were originally set for redemption on December 23, 2025. The new redemption date is December 23, 2026, subject to the consent of preference shareholders.

The company also revised the redemption price of these preference shares. The original redemption price per share was ₹639, and the original total redemption amount was ₹102.24 crore. Under the new terms, the revised redemption price per share will be ₹687.44, increasing the total redemption amount to ₹109.99 crore. These preference shares were issued on December 24, 2021.

Additionally, the board approved modifications to existing material related party transactions with the holding/promoter company, Aditya Birla Capital Limited. These transactions were initially approved by shareholders through a resolution passed at an extra-ordinary general meeting held on December 16, 2021.