JV/AcquisitionAcquisition

Aditya Birla Capital (ABCL) has bolstered its digital arm, Aditya Birla Capital Digital (ABCDL), by investing ₹53 Cr on a rights basis.

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Aditya Birla Capital LimitedABCAPITAL · Filed with the exchange

This capital injection aims to support ABCDL's growth and meet its funding needs, reinforcing ABCL's commitment to its digital financial services strategy.

As ABCDL remains a wholly-owned subsidiary, ABCL's 100% ownership stake is unchanged.

This internal funding move empowers ABCDL to expand its operations, ultimately enhancing ABCL's broader product portfolio and tech capabilities within the financial services sector.

Read the original filing(PDF)

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