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Aditya Birla Capital Sells 14.3% ABHFL Stake to Advent Entity for Rs 2,750 Crore

Aditya Birla Capital Sells 14.3% ABHFL Stake to Advent Entity for Rs 2,750 Crore

Aditya Birla Capital offloaded a 14.3% stake in its housing finance subsidiary, Aditya Birla Housing Finance Limited (ABHFL), to Indriya Limited for Rs 2,750 crore on April 17. The transaction

Aditya Birla Capital Sells 14.3% ABHFL Stake to Advent Entity for Rs 2,750 Crore
Aditya Birla Housing Finance Raises Rs 2,750 Crore Through Stake Sale to Advent Arm

Aditya Birla Housing Finance Raises Rs 2,750 Crore Through Stake Sale to Advent Arm

Aditya Birla Housing Finance Ltd (ABHFL) has raised Rs 2,750 crore by allotting a 14.29 percent stake to Indriya Ltd, an entity linked to private equity firm Advent International. This transaction

Aditya Birla Housing Finance Raises Rs 2,750 Crore Through Stake Sale to Advent Arm