Aditya Birla Capital Ltd (ABCL) has announced an investment of ₹300 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Ltd (ABHFL), through a rights issue of equity shares.

The investment aims to support ABHFL’s growth and enhance its leverage ratio. As ABHFL is a wholly-owned subsidiary, the transaction, while classified as a related party transaction, has been conducted at arm’s length. ABCL remains both the holding company and promoter of ABHFL.

The equity shares were allocated to ABCL on August 27, 2024. This investment does not necessitate additional governmental or regulatory approvals, and ABCL’s ownership in ABHFL remains unchanged at 100%, preserving its complete control over the subsidiary.