Aditya Birla Capital makes investment in Aditya Birla Finance

27 Sep 2023 Evaluate

Aditya Birla Capital has made an investment of Rs 749.99 crore on rights basis, in the equity shares of Aditya Birla Finance (ABFL), a wholly owned material subsidiary of the Company. Pursuant to the said investment in equity shares, ABFL continues to be a wholly owned subsidiary of the Company. The company is making the investment in ABFL to meet its growth and funding requirements and improve its leverage ratio. 

Aditya Birla Capital is one of the largest financial services players in India.

Aditya Birla Capital Share Price

184.75 -1.55 (-0.83%)
26-Dec-2024 12:39 View Price Chart
Peers
Company Name CMP
Bajaj Finance 6845.75
Shriram Finance 2914.40
Aditya Birla Capital 184.75
SBI Cards AndPayment 682.55
Mah & Mah Finl. Serv 264.15
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