Aditya Birla Capital Limited Receives RBI Certificate to Undertake Factoring Business
Aditya Birla Capital Limited has secured a Certificate of Registration from the Reserve Bank of India (RBI), granting the company permission to conduct business in the field of factoring. The company confirmed receiving this approval with the certificate dated May 19, 2026.The RBI approval permits Aditya Birla Capital Limited to carry out the business of factoring, marking a significant operational update for the listed entity.
The key details of the approval received from the regulatory body are summarized below:
| Detail | Information |
|---|---|
| Regulatory Authority | Reserve Bank of India (RBI) |
| Approval Details | RBI has permitted the Company to carry on the business of factoring. |
| Impact/Relevance | The RBI approval permits the Company to operate the factoring business. |
| Applicable Dates | The period for which the approval was valid is noted as Not Applicable. |
This approval solidifies the company's capacity to expand its operational scope within the financial services sector.
ABCAPITAL Stock Price Movement
On Tuesday, shares of Aditya Birla Capital Limited edged higher, settling at ₹351.2 after gaining 0.16%. The stock traded on a total volume of 3.02 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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