Promoter, IFC to pump Rs 4k cr equity into Aditya Birla Cap

MUMBAI: The board of Aditya Birla Capital has approved a Rs 4,000 crore preferential issue of equity shares to fund growth. Of the proposed issue, Rs 2,880 crore will come from Grasim (promoter), Rs 200 crore from group arm Suryaja Investment Singapore, and Rs 920 crore from IFC. The issue is priced at Rs 356 per share and awaits shareholder and regulatory approvals. The company said it will use proceeds to bolster capital, fund lending, back subsidiaries/JVs, and meet general corporate needs, strengthening the balance sheet and fuelling the next phase of expansion. Chairman Kumar Mangalam Birla said financial services have emerged as a core growth engine—driving capital formation, inclusion, and formalisation. He noted ABCL’s scale, diversified platform, governance-led and tech-driven execution, adding that its breadth and long-term capability-building position it well for the sector’s next leg. MD and CEO Vishakha Mulye said capital infusion will unlock growth, deepen engagement, and push a digital-first strategy.