The board of the financial services firm, Aditya Birla Capital has approved a fundraise worth Rs 4,000 crore via preferential allotment that will allow the promoters to raise their stake. However, the preferential allotment is subject to approval from shareholders in its extra-ordinary general meeting which will be held on June 12.
An approval has been issued to raise Rs 4,000 crore via the issuance of 11.24 crore warrants, according to an exchange filing on Wednesday. The warrants will be issued Rs 356.02, including a premium of Rs 346.02 per share.
The company will raise the funds from a total of three investors. Out of this, Rs 2,880 crore will be raised from promoter Grasim Industries. Grasim Industries currently hold 52.27% shares, which will increase to 53.08% after post-issue shareholding. The company will issue shares worth Rs 200 crore to Suryaja Investments and Rs 920 crore to International Finance Corporation.
Both the companies did not hold any stake in the company.
Aditya Birla Q4 Result Highlights
Aditya Birla Capital reported a 31% growth in consolidated profit at Rs 1,129 crore for the fourth quarter ended March 31 on higher interest income. The financial services company had profit attributable to owners of the company from total operations on consolidated basis at Rs 865 crore in the January-March period of 2024-25.
Interest income rose to Rs 5,516 crore during the March quarter of FY26, from Rs 4,481 crore in the corresponding period a year ago. Total revenue from operations rose to Rs 13,459 crore at the end of March quarter of 2025-26 fiscal, from Rs 12,214 crore in the March quarter of FY25.
Adtya Birla Share Price Today
Aditya Birla Capital shares closed 0.54% higher at Rs 353.10 per share after it rose as much as 1.32% to Rs 355.85 apiece. This compares to a 0.17% advance in the NSE Nifty 50 Index. It has fallen 65.12% in the last 12 months and fell 1.29% year-to-date.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
