Aditya Birla Capital invests in insurance arm, maintains 51% stake
Aditya Birla Capital Limited (ABCL) has invested Rs 3,82,49,99,388 on a rights basis in the equity shares of Aditya Birla Sun Life Insurance Company Limited (ABSLI). This investment, made on October 29, 2025, aims to meet ABSLI's growth and funding requirements while improving its solvency margin.
ABSLI, a subsidiary of ABCL, is considered a related party transaction conducted at "arm's length." Despite the substantial investment, ABCL's percentage shareholding in ABSLI remains unchanged at 51%, ensuring ABSLI continues as a subsidiary of the company.
The transaction falls under Regulation 30 of SEBI Listing Regulations and involves a cash consideration for the subscription of equity shares, part of ABCL's strategy to bolster its presence in the insurance industry.
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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