Aditya Birla Capital Limited (ABCL) announced that its board of directors will meet on January 15 to consider raising funds through various means, including equity shares, convertible securities, or other instruments. The fundraising initiative will be subject to requisite approvals from shareholders and regulatory bodies.
This move is part of the company’s strategy to enhance its financial flexibility and support growth initiatives across its business segments.
Key Stock Details:
- Previous Close: ₹173.52
- Day Range: ₹168.47 – ₹173.98
- Year Range: ₹160.65 – ₹246.90
- Market Cap: ₹444.20 billion
- P/E Ratio: 11.95
- Average Volume: 2.53 million
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