ADVERTISEMENT
Aditya Birla Capital Infuses Rs 300 Crore In Housing Finance Arm For Growth
Aditya Birla Capital invests Rs 300 crore in its housing finance arm for business expansion.

File photo of Kumar Mangalam Birla, chairperson of the Aditya Birla Group, at the listing of Aditya Birla Capital. (Source: Vijay Sartape/NDTV Profit)
Show Quick Read
Summary is AI Generated. Newsroom Reviewed
Financial Services firm Aditya Birla Capital on Wednesday said it has infused Rs 300 crore in its housing finance arm Aditya Birla Housing Finance Ltd to fund business growth.
The company is making the investment in ABHFL to meet its growth, funding requirements and improve its leverage ratio, Aditya Birla Capital said in a regulatory filing.
Aditya Birla Capital subscribed equity shares of ABHFL, on rights basis for aggregate cash consideration of Rs 300 crore, it said.
Opinion
Suzlon Group Secures 551-MW Wind Project From Aditya Birla Group
Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
ADVERTISEMENT