Aditya Birla Capital Limited (ABCL), a leading financial services provider, has invested ₹300 crore on a rights basis in its wholly owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). The investment underscores ABCL’s strategic commitment to strengthening ABHFL’s growth trajectory and improving its leverage ratio.
The equity shares were allotted to ABCL by ABHFL on December 3, 2024. This move ensures that ABCL’s shareholding in ABHFL remains unchanged at 100%, reaffirming its complete ownership of the housing finance subsidiary.
ABHFL operates in the housing finance sector, providing solutions to meet the diverse needs of homebuyers. With this infusion, ABCL aims to position its subsidiary for enhanced market competitiveness and increased operational scale.
In line with regulatory requirements, the transaction, being between related parties, was conducted at an arm’s length. The funds will be utilized to support ABHFL’s growth strategy, helping it cater to the rising demand for housing finance in India.
Aditya Birla Capital continues to strengthen its presence across various financial services verticals, leveraging strategic investments in subsidiaries like ABHFL to drive value for stakeholders and meet the evolving financial needs of customers.
