Alpha Tribe

Aditya Birla Capital LimitedJV/Acquisition, 25-03-2025: Acquisition

25-03-2025 · 05:52 pm

Aditya Birla Capital Limited has made a cash investment of ₹40 Crores in its wholly owned subsidiary, Aditya Birla Capital Digital Limited (ABCDL), through a rights issue. This strategic move aims to support ABCL's growth and funding requirements, ensuring continued operational efficiency within its financial services domain. As a result of this investment, ABCL's ownership stake in ABCDL remains unchanged at 100%. This action is expected to reinforce ABCL's position in the financial market and enhance its overall business capabilities.

No comments yet. Be the first to comment!

All announcements from Aditya Birla Capital Limited