Aditya Birla Capital raises ₹4,000 crore to fund growth, confirms CNBC-TV18 Newsbreak

Financial Services firm Aditya Birla Capital Ltd on Wednesday (May 20) said its board has approved a ₹4,000 crore preferential issue of equity shares to promoter Grasim Industries, Aditya Birla Group entity Suryaja Investments Pte. Ltd, Singapore, and the Finance Corporation (IFC) to fund growth and strengthen its capital base.

CNBC-TV18 first and exclusively reported on May 15 that the company is likely to announce a fundraise of around ₹4,000–₹5,000 crore soon.

Last week, Vodafone Idea’s board approved a ₹4,730-crore fundraise through the issuance of up to 430 crore warrants to Suryaja Investments Pte. Ltd., a Singapore-based entity of the Aditya Birla Group.

The company will issue 11.23 crore equity shares at ₹356.02 apiece, subject to shareholder and regulatory approvals. Grasim Industries will invest up to ₹2,880 crore through subscription to 8.09 crore equity shares. Following the allotment, Grasim’s stake in the company will increase to 53.08% from 52.27%.

Suryaja Investments Pte. Ltd., Singapore, will invest ₹200 crore through subscription to 56.18 lakh equity shares, resulting in a 0.21% post-issue stake. IFC will invest ₹920 crore through subscription to 2.58 crore equity shares, translating into a 0.95% post-issue stake after allotment.

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The board also approved execution of a share subscription agreement and a policy agreement with IFC on May 20, 2026. The agreements include terms and conditions related to the preferential issue and customary provisions required by IFC as a multilateral development finance institution.

The company said the proceeds from the issue will be used for growth objectives, augmentation of the capital base, funding requirements for the lending business and general corporate purposes, including investments in subsidiaries, joint ventures and associates.

Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, "Financial services have become central to India’s economic transformation, driving capital formation, expanding financial inclusion and supporting the formalisation of the economy at scale.

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As the sector evolves, institutions with diversified platforms, strong governance and technology-led execution are increasingly shaping the trajectory of growth. Over the last few years, ABCL has built scale across the financial-services landscape, creating a portfolio of high-quality businesses supported by robust digital capabilities and disciplined execution."

Vishakha Mulye, MD and CEO, Aditya Birla Capital Ltd, said, "We are deeply grateful for the continued trust of our Promoters and the confidence IFC has placed in us. With all the building blocks in place, this capital infusion will enable us to participate in the growth opportunities in India, deepen customer engagement, and deliver digital-first solutions. About 57% of our loan portfolio comprises business loans to SMEs, reflecting our strong commitment to this segment."

Shares of Aditya Birla Capital Ltd ended at ₹352.70, up by ₹1.45, or 0.41%, on the BSE.

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