Aditya Birla Capital Subsidiary ABHFL Preferential Issue

Aditya Birla Capital Ltd's material housing finance subsidiary ABHFL completed a preferential issue of 12.33 crore shares to Advent International entity Indriya Limited.
The transaction, valued at INR 2,749.99 crore, reduces ABCL's stake in ABHFL from 100% to 85.505% on a fully diluted basis.
ABHFL contributed 6.54% of revenue and 12.45% of net worth to ABCL's consolidated FY2024-25 financials.