Aditya Birla Capital Limited (ABCL) has reinforced its commitment to the housing finance sector by investing ₹300 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). This strategic infusion, executed through a rights issue, aims to bolster ABHFL’s growth trajectory and enhance its leverage ratio.
Investment Details
- Amount: ₹300 crore
- Method: Rights issue, maintaining ABCL’s 100% ownership of ABHFL
- Purpose: To support ABHFL’s growth and funding requirements
- Share Allotment Date: March 10, 2025
This capital infusion underscores ABCL’s dedication to strengthening its housing finance operations, ensuring that ABHFL is well-positioned to meet the increasing demand in the housing finance market.
For more detailed information, you can refer to the official announcement.
