Indian financial services firm Aditya Birla Capital has approved a preferential share issue worth Rs 4,000 crore ($412.7 million) to strengthen its capital position and support future expansion plans. The decision was cleared by the company’s board of directors.
Under the proposed fundraising, Rs 2,880 crore will be infused by promoter Grasim Industries, while Rs 200 crore will come from Singapore-based Suryaja Investment, an Aditya Birla Group entity. Meanwhile, another Rs 920 crore will be invested by the International Finance Corporation.
“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,” said Kumar Mangalam Birla, Chairman, Aditya Birla Group.
“As the sector evolves, institutions with diversified platforms, strong governance and technology-led execution are increasingly shaping the trajectory of growth.”
Aditya Birla Capital operates across lending, investments, insurance and payments, offering financial solutions designed to meet customers’ needs across different stages of life.
Its total lending portfolio across NBFC and Housing Finance grew at a 30% CAGR to more than Rs 2 lakh crore. The combined AUM of asset management and insurance businesses grew at a CAGR of 18% to Rs 5.9 lakh crore.
Total gross premiums across insurance businesses grew at a 21% CAGR to Rs 31,634 crore. Over the last three years, its consolidated PAT (excluding exceptional, one-off items) increased at a 23% CAGR to Rs 3,797 crore in FY26.
