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Aditya Birla Capital Aims Rs 4,000 Crore Boost

Summary

  • Board approves Rs 4,000 crore fundraise via preferential allotment.
  • Promoters' stake to increase post-issue.
  • Q4 consolidated profit grew 31% to Rs 1,129 crore.
Aditya Birla Capital Aims Rs 4,000 Crore Boost

Aditya Birla Capital has announced a Rs 4,000 crore fundraise via preferential allotment, pending shareholder approval at an extraordinary general meeting scheduled for June 12. This strategic move aims to increase the promoters' stake in the financial services firm.

The company plans to issue 11.24 crore warrants at Rs 356.02 each, including a premium. Promoter Grasim Industries will contribute Rs 2,880 crore, raising its shareholding from 52.27% to 53.08%. Additionally, Suryaja Investments will invest Rs 200 crore, and International Finance Corporation will invest Rs 920 crore.

In its fourth quarter results for the period ended March 31, Aditya Birla Capital reported a 31% year-on-year growth in consolidated profit, reaching Rs 1,129 crore. This increase was primarily fueled by a rise in interest income, which grew to Rs 5,516 crore from Rs 4,481 crore in the same period last year. Total revenue from operations also saw an increase, rising to Rs 13,459 crore.

Despite recent performance, Aditya Birla Capital shares closed 0.54% higher at Rs 353.10 on May 20, 2026. However, the stock has experienced a notable decline of 65.12% over the past 12 months and a 1.29% decrease year-to-date.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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