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Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The Co. offers Mutual Fund services, Portfolio Management services, offshore and real estate offerings.
Aditya Birla Sun Life AMC launched a 'Saksham Niveshak' campaign. Shareholders are encouraged to update KYC details and claim any unpaid dividends before they are transferred to the IEPF. Contact RTA for help.
Aditya Birla Sun Life AMC incorporated Aditya Birla Sun Life AMC International (IFSC) Limited as a Wholly Owned Subsidiary in GIFT City. This WOS will operate as a Fund Management Entity. It has an authorized capital of ₹15 Cr and paid-up capital of ₹0.5 Cr.
Aditya Birla Sun Life AMC board approved financial results for the quarter and half-year, showing consolidated net profit of 241.32 Cr and 518.43 Cr respectively. The board appointed a new Head-HR and approved a 57.73 lakh share ESOP scheme, pending shareholder consent.
ABSL AMC initiates a 100-day 'Saksham Niveshak' campaign, helping shareholders update details and claim unpaid/unclaimed dividends. This proactive step ensures investors retrieve their funds, preventing transfer to the Investor Education and Protection Fund.
Aditya Birla Sun Life AMC reported strong unaudited financial results for the quarter and half-year ended September 30, 2024. Key highlights include a 33% year-on-year rise in total revenue to Rs. 5.2 billion and a 42% increase in profit before tax to Rs. 3.4 billion. The firm's overall QAAUM grew...