Board MeetingOutcome of Board Meeting
Aditya Birla Capital's board approved a ₹2,750 Cr capital infusion into its housing finance arm, ABHFL, by Advent International.
Aditya Birla Capital LimitedABCAPITAL · Filed with the exchange
Advent will take a ~14.3% stake in ABHFL, valuing the subsidiary at ₹19,250 Cr.
This investment is set to boost ABHFL's growth.
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