In a regulatory filing, said that Ltd (ABHFL) has ceased to be a wholly-owned subsidiary of the company. Aditya Birla Capital now holds 85.505 per cent of the equity share capital of ABHFL.
The board of directors of ABHFL, on April 17, approved the allotment of 12.32 crore equity shares at Rs 223.12 apiece to Indriya Ltd, one of the entities of Advent International, L.P., by way of preferential issue on a private placement basis, it said.
Indriya now holds 14.285 per cent of the paid-up equity share capital of ABHFL.
Revenue and net worth of ABHFL in FY 2024-25 were Rs 2,655.18 crore and Rs 3,783.06 crore, respectively.
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Shares of Aditya Birla Capital were trading at Rs 339.05, up 0.25 per cent from the previous close, on the BSE.
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