Aditya Birla Real Estate Ensures Timely Interest Payment on Rs. 250 Crore NCDs

Aditya Birla Real Estate Limited has successfully completed the interest payment of Rs. 18.11 crore (net after TDS) on its 8.05% Non-Convertible Debentures (NCDs) worth Rs. 250 crore. The payment was made on February 27, 2026, ahead of the March 1, 2026 due date, demonstrating the company's commitment to timely debt servicing and regulatory compliance.

The payment was made in compliance with SEBI regulations and listing requirements. The company has maintained a strong track record of timely payments, with no delays or non-payment issues reported. This early payment was made because March 1, 2026, was not a business day, and the company followed the terms of the placement memorandum to make payment on the immediately preceding business day.

NCD Interest Payment Details

The company has made interest payment on its 8.05% Unsecured, Listed, Rated, Senior, Redeemable NCDs (XXII Series) with the following specifications:

| Parameter | Details | |--------------------------|------------------------------| | ISIN | INE055A08045 | | Issue Size | Rs. 250,00,00,000 | | Interest Rate | 8.05% | | Payment Frequency | Annually | | Record Date | February 13, 2026 | | Due Date | March 1, 2026 | | Actual Payment Date | February 27, 2026 |

Payment Amount and Timing

The interest payment was completed ahead of schedule, with the company paying on February 27, 2026, instead of the due date of March 1, 2026. This early payment was made because March 1, 2026, was not a business day, and the company followed the terms of the placement memorandum to make payment on the immediately preceding business day.

| Payment Details | Amount | |--------------------------|------------------------------| | Gross Interest Amount | Rs. 20,12,50,000 | | Net Amount Paid (after TDS) | Rs. 18,11,25,000 | | Previous Interest Payment | February 28, 2025 |

Regulatory Compliance

The interest payment was made in accordance with Regulation 57 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Master Circular dated July 11, 2025. The company has maintained its track record of timely payments, with no delays or non-payment issues reported.

Company Communication

The announcement was made through an official communication to BSE Limited, signed by Atul K. Kedia, Joint President (Legal) & Company Secretary. The company confirmed that there were no changes in the frequency of payment and no reasons for non-payment or delays, indicating smooth debt servicing operations.

Margin Performance Analysis

Aditya Birla Real Estate has also reported strong financial performance with healthy operational margins across its real estate portfolio. The company's latest disclosures reveal consistent profitability metrics that underscore its market positioning in the competitive real estate sector.

| Performance Metric | Range | |--------------------------|------------------------------| | General Margins | 25% to 30% | | High-Performing Projects | Exceeding 40% |

This margin structure demonstrates the company's ability to maintain profitability while managing operational costs effectively. The variation in margins across different projects reflects the diverse nature of the company's real estate portfolio and its strategic approach to project selection and execution.

Strategic Focus on Birla Arika Project

Management has highlighted the Birla Arika project as a major strategic opportunity for the company. The project is positioned to:

- Enhance overall value creation for the company - Improve returns on remaining inventory - Contribute to the company's growth trajectory

The emphasis on this particular project suggests management's confidence in its potential to deliver superior returns and strengthen the company's market position.

Market Positioning

The reported margin performance places Aditya Birla Real Estate in a favorable position within the real estate sector. The ability to achieve margins of 25% to 30% consistently, with some projects exceeding 40%, indicates:

- Strong project execution capabilities - Effective cost management strategies - Strategic market positioning - Quality asset development approach

The company's focus on value enhancement through strategic projects like Birla Arika demonstrates its commitment to maximizing shareholder returns while maintaining operational excellence across its real estate development activities.