Jomei Investments sold 26.6 million shares in Aditya Birla Capital via block deals at Rs 308 per share, raising Rs 819 crore. This stake sale represents about 1.02% equity and continues Jomei’s gradual exit since its 2020 investment. Aditya Birla Capital showed strong Q1 FY26 financial growth and positive market momentum.
Jomei Investments Ltd., an affiliate of global private equity firm Advent International, has sold 26.6 million shares in Aditya Birla Capital Ltd. through a block deal, according to NSE and BSE data. The transaction is part of Jomei’s ongoing strategy to divest a portion of its holding in the financial services company. The shares were traded at approximately Rs 308 each, raising over Rs 819 crore in this off-market transaction.
Important points to note include Jomei Investments’ planned block sale representing about 1.02% equity in Aditya Birla Capital. This move follows previous stake sales by Jomei, which as of March 2025, held a 3.84% stake. The current transaction is a continuation of Jomei’s gradual exit since its initial investment in 2020, when it acquired shares through a preferential allotment at Rs 100 per share.
Aditya Birla Capital is riding strong growth, having reported a 10% year-on-year rise in consolidated net profit for Q1 FY26 and maintaining robust growth across lending and insurance portfolios. The share price has appreciated significantly, reflecting market confidence. This block deal is a clean transaction facilitated by IIFL Capital, with the stock reacting positively in early trade.
Notable updates:
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26.6 million shares sold in the block deal, roughly 1.02% equity
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Transaction valued at around Rs 819 crore at Rs 308 per share
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Jomei Investments reducing stake from previously 3.84%
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Aditya Birla Capital reported 10% net profit growth in Q1 FY26
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The block deal brokered by IIFL Capital, shares rose in early trading
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Company’s lending portfolio up 30% year-on-year, insurance premiums also rose
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Transaction is part of Jomei’s phased exit since 2020 investment
Sources: National Stock Exchange (NSE), Bombay Stock Exchange (BSE), CNBC-TV18, NDTV Profit, Business Standard