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Aditya Birla Capital plans to utilise INR 3,500 crore from its recently announced INR 4,000 crore preferential equity fundraise to strengthen and expand its lending operations. The remaining INR 500 crore will be used for general corporate purposes, including investments in subsidiaries. The capital infusion will largely come from promoter entities of the Aditya Birla Group and the International Finance Corporation. The company’s shareholders are expected to consider the proposal at an extraordinary general meeting scheduled for June 12, 2026. The fundraising comes as the company continues to scale up its lending and asset management businesses.
Aditya Birla Capital has said it will deploy INR 3,500 crore from its recently announced INR 4,000 crore capital raise towards expanding its lending business, as the company looks to strengthen its financial services operations amid rising credit demand. Advertisement
In a regulatory filing, the company stated that another INR 500 crore from the proposed fundraising would be allocated for general corporate purposes, including investments in subsidiaries and other operational requirements.
The financial services arm of the Aditya Birla Group had announced the preferential issue of equity shares earlier this week. The shares are proposed to be issued at INR 356.02 per equity share.
As part of the planned capital infusion, promoter entity Grasim Industries is expected to invest INR 2,880 crore. Another INR 200 crore will be infused by promoter group company Suryaja Investment Singapore, while the remaining INR 920 crore will come from the International Finance Corporation.
The company has scheduled an extraordinary general meeting on June 12, 2026, to seek shareholders’ approval for the proposed fundraising exercise.
The latest capital raise comes at a time when the company has been expanding across lending, insurance, wealth management and payments businesses. Over the past few years, the company has increased its focus on retail lending segments including housing finance, personal loans and MSME financing, while also strengthening its digital financial services platform.
According to the company, its total lending portfolio crossed INR 2 lakh crore during FY26. The combined assets under management across its asset management and insurance businesses stood at INR 5.9 lakh crore during the same period, reflecting continued growth in its core financial services operations.
Source PTI
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