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Diversified financial services player Aditya Birla Capital on Friday announced an investment of Rs 60 crore in its wholly-owned subsidiary Aditya Birla Capital Digital through a rights issue. The investment, disclosed in a regulatory filing, will not change the parent company's 100 per cent ownership stake in its unit, Aditya Birla Capital, which is set to become a non-banking financial company (NBFC) after a merger with another entity.

Earlier, the company had invested Rs 300 crore
 

in a separate unit Aditya Birla Housing Finance Limited (ABHFL) through a rights issue of equity shares. It will assist in the growth and financing requirements of its unit. This strategic move is in line with the company's ongoing efforts to enhance its digital capabilities and expand its services operating. The financial services company is actively working to strengthen its portfolio in the field of digital financial services, which reflects the broader industry trend towards digitization. This investment underlines the company's commitment to maintain growth and meet the changing demand of the market. Shares of Aditya Birla Capital closed 0.3 per cent down at Rs 228.90 on Friday.

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