Aditya Birla Capital’s Board Plots Next Big Leap, Considers Raising Funds via Market Securities
Updated: May 03, 2025 00:30
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Aditya Birla Capital Limited today said that its Board of Directors will consider a proposal for fund raising through the issue of a series of debt securities, including non-convertible debentures, on May 13, 2025. It is a strategic initiative to fund its growth plans on a periodic basis and to enhance its financials.
The fund-raising, if sanctioned, would be accomplished in one or more tranches, depending on market conditions and regulatory approvals as required. Aditya Birla Capital, a India-based major financial services player, provides a broad range of solutions in lending, insurance, asset management, and broking, through its subsidiary businesses. Its move to raise debt securities will enable it to fund its vision of diversifying funding sources and sustaining high liquidity.
This move is part of the company's normal financial planning and capital management strategy. Investors and stakeholders will be keenly observing the result of the next board meeting for more information on the size, timing, and nature of the proposed fundraising.