Aditya Birla Capital invests ₹40 crore in arm ABC Digital via rights issue

Non-bank lender Aditya Birla Capital Ltd (ABCL) on Monday (December 29) said it has invested ₹40 crore in its wholly-owned subsidiary, Aditya Birla Capital Digital Ltd (ABCDL), through a rights issue.

In a regulatory filing, the company said the investment was made by subscribing to equity shares of ABCDL on a rights basis. The entire consideration was paid in cash.

Following the investment, there is no change in the shareholding structure, and ABCDL continues to remain a wholly-owned subsidiary of Aditya Birla Capital. The company clarified that its percentage shareholding in ABCDL continues to stand at 100%.

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Aditya Birla Capital said the objective of the investment is to meet the growth and funding requirements of ABCDL. No governmental or regulatory approvals were required for the transaction.

Second Quarter Results

Consolidated revenue rose 4% year-on-year to ₹12,481 crore, the company said in an exchange filing. Net profit for the quarter came in at ₹882.5 crore for the September quarter, compared with ₹1,015 crore a year earlier, when results included a one-time gain of ₹167 crore.

The company’s non-banking financial company (NBFC) division reported disbursements of ₹21,990 crore, up 14% from a year earlier and 39% sequentially. The NBFC’s assets under management (AUM) rose 22% year-on-year and 6% quarter-on-quarter to ₹1.39 lakh crore, while the overall loan book expanded 29% year-on-year to ₹1.78 lakh crore.

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In the financial services segment, the asset management and insurance businesses saw AUM climb 10% year-on-year to ₹5.5 lakh crore, reflecting steady investor inflows and growth across retail and institutional categories.
The company said its diversified portfolio across lending, insurance, and asset management segments helped maintain business momentum despite a high-interest rate environment.

Aditya Birla Capital, the financial services arm of the Aditya Birla Group, has a presence across lending, insurance, asset management, and housing finance businesses.

Shares of Aditya Birla Capital Ltd ended at ₹346.15, down by ₹2, or 0.57%, on the BSE.