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