The company also proposes to utilise another Rs 500 crore for general corporate purposes, including investment in its subsidiaries, the company has said in a regulatory filing.
Earlier this week, the arm of announced a Rs 4,000 crore preferential issue of equity shares to the group companies and International Finance Corporation (IFC).
Read More:
The company’s promoter , will infuse Rs 2,880 crore in the proposed fund raise, while Rs 200 crore will come from promoter group company Suryaja Investment Singapore. The remaining Rs 920 crore will come from IFC.
Live Events
The company will seek shareholders’ approval for the fundraise at its extraordinary general meeting scheduled on June 12, 2026, the company said in a late-evening filing on Thursday.
Aditya Birla Capital is a diversified financial services company present in lending, investments, insurance, and payments.
The total lending portfolio crossed over Rs 2 lakh crore and the combined assets under management of the asset management and insurance businesses stood at Rs 5.9 lakh crore in FY26.
as a Reliable and Trusted News Source
(You can now subscribe to our )