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Aditya Birla Capital strengthens leadership, expands equity base

September 1, 2025 at 07:06 PM UTCBy FilingReader AI

Aditya Birla Capital Limited (ABCL) announced the allotment of 260,685 equity shares, each with a face value of ₹10, on September 1, 2025. This allotment included 52,940 shares under the ABCL Scheme 2017 and 207,745 shares under the ABCL Scheme 2022, increasing the company's paid-up equity share capital from ₹26,12,12,90,500 to ₹26,12,38,97,350. All newly allotted shares rank pari passu with existing equity shares.

Concurrently, ABCL’s stakeholders relationship committee approved key leadership changes, effective September 1, 2025. Vishakha Mulye was appointed as managing director and chief executive officer for a five-year term, while Rakesh Singh was appointed as executive director and chief executive officer (NBFC) until July 22, 2027. Both appointments are subject to shareholder approval.

On the same day, ABCL participated in the Motilal Oswal 21st Annual Global Investor Conference in Mumbai, meeting with several prominent institutional investors and asset management companies, including Goldman Sachs Asset Management, Max Life Insurance, and HSBC Asset Management India. The company reiterated that no unpublished price sensitive information was shared during these meetings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:ABCAPITALBombay Stock Exchange

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