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Aditya Birla Capital LimitedUpdates, 31-03-2025: Press Release

31-03-2025 · 07:36 pm

Aditya Birla Capital Limited has completed the amalgamation of its wholly owned subsidiary, Aditya Birla Finance Ltd, effective April 1, 2025, following necessary approvals. This consolidation transforms ABCL from a Core Investment Company into a fully operational non-banking financial company (NBFC), enhancing its financial stability and operational efficiency by reducing legal entities and compliance burdens.

The move is poised to create a unified entity with greater financial strength and the ability to access capital more effectively. Stakeholder value is expected to improve through operational synergies and long-term growth opportunities. Key leadership appointments include Ms. Vishakha Mulye as MD & CEO and Mr. Rakesh Singh as Executive Director and CEO (NBFC), along with new Independent Directors, Mr. Nagesh Pinge and Mr. Sunil Srivastav.

ABCL manages assets exceeding Rs. 5.03 Lakh Crore and reported a consolidated revenue of Rs. 28,376 Crore and a profit after tax of Rs. 2,468 Crore in the first nine months of FY25, indicating a robust financial foundation. This strategic development heralds a positive outlook for the company, positioning it well for future growth in India’s expanding financial landscape.

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