Aditya Birla Capital Limited — JV/Acquisition, 10-03-2025: Acquisition

Aditya Birla Capital Limited (ABCL) has made an investment of ₹300 Crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL), through a rights issue. This investment aims to support ABHFL's growth and enhance its leverage ratio, reinforcing ABCL's commitment to its housing finance operations. The percentage shareholding of ABCL in ABHFL remains unchanged at 100%. This strategic move is expected to bolster ABHFL's financial standing while ensuring it continues to operate effectively as a wholly-owned subsidiary.