Grasim Industries acquires additional stake in Aditya Birla Capital Limited through preferential share issue
Grasim Industries Ltd has increased its stake in Aditya Birla Capital Limited (ABCL) following a preferential issue of equity shares. The transaction, completed on June 23, 2026, involved the acquisition of 8,08,94,331 Equity Shares for an aggregate consideration of Rs. 28,79,99,99,722.62.The shares were acquired at a price of Rs. 356.02 per equity share, which includes a premium of Rs. 346.02 over the face value of Rs 10 each.
Post-Issue Shareholding Snapshot
Prior to the allotment, Grasim Industries held 1,36,98,09,351 shares, representing 52.27% of ABCL’s equity (as of May 15, 2026). Following the issuance, the total share capital in ABCL stands at 1,45,07,03,682 shares, reflecting a post-issue holding of 52.30%.The details regarding Grasim Industries’s increasing stake in the subsidiary are summarized as follows:
| Metric | Pre-Issue Shareholding (as on May 15, 2026) | Post-Issue Shareholding (Fully Diluted Basis) |
|---|---|---|
| Number of Shares Held | 1,36,98,09,351 | 1,45,07,03,682 |
| Percentage Holding | 52.27% | 52.30% |
Financial and Operational Profile of ABCL
Aditya Birla Capital Limited is primarily engaged in financial services, including lending, asset management, life insurance, health insurance, housing finance, private equity, equity broking, and asset reconstruction business.The Consolidated Financial performance of ABCL as of March 31, 2026, stands as:
| Particulars | Amount (Rs. in crore) |
|---|---|
| Revenue from Operations | 45,508.98 |
| Profit After Tax (PAT) | 3,764.49 |
| Net Worth | 34,423.11 |
ABCL operates as a Non-Banking Financial Company. The company was incorporated on October 15, 2007, and its registered office is located in Veraval, Gujarat, India.
The revenue performance of ABCL over the last three financial years is detailed below:
| FY | Revenue from Operations (Rs. in crore) |
|---|---|
| 2026 | 45,508.98 |
| 2025 | 40,589.98 |
| 2024 | 33,940.84 |
The issuance of shares through the preferential method is intended to augment ABCL's capital base, support funding requirements for its lending business, assist in loan repayment, and serve other general corporate purposes, including investment in existing or future subsidiaries and joint ventures.
GRASIM Stock Price Movement
Grasim Industries Limited shares are slipping by 1.12% in live trading, currently registering at ₹3139.6 as of 12:23 PM today. The equity shed over ₹35.60 during the session and is trading on a volume of 153,891 shares while maintaining proximity to its 52-week high levels.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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