Aditya Birla Capital boosts investment in housing finance subsidiary
Aditya Birla Capital Limited (ABCL) announced a substantial investment of INR 249,99,99,946 on a rights basis in the equity shares of Aditya Birla Housing Finance Limited (ABHFL). This investment, made on August 30, 2025, aims to fund ABHFL's growth and improve its leverage ratio.
ABHFL remains a wholly-owned subsidiary of ABCL, with no change in ABCL's percentage shareholding due to this transaction. The investment is classified as a related-party transaction and was conducted at "arm's length," with ABCL acting as the holding company and promoter of ABHFL.
The transaction involved the subscription of equity shares of ABHFL for the aforementioned cash consideration. As a result, ABCL's percentage shareholding and control in ABHFL will continue to be 100%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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