VERIFIEDET Finance·22 May 2026neutral

Aditya Birla Capital plans to use Rs 3,500 crore to drive business growth

AI Summary

·Aditya Birla Capital plans to invest Rs 3,500 crore from its recent fundraise into business expansion.
·An additional Rs 500 crore will be allocated for general corporate needs and subsidiary investments.
·The company is raising Rs 4,000 crore through a preferential issue, with Grasim Industries contributing Rs 2,880 crore and IFC investing Rs 920 crore.