‹ All Posts
CA Barkha Kamra

18th Jul · SEBI-Registered Analyst

Aditya Birla Capital investment in its subsidiary Aditya Birla Sun Life Insurance

* Capital infusion for growth:

ABCAPITAL
has invested ₹484.5 crore in its subsidiary Aditya Birla Sun Life Insurance (ABSLI) through a rights issue to support the insurer’s growth plans and strengthen its solvency margin. The investment was made entirely in cash. * No change in ownership: Following the rights issue, Aditya Birla Capital’s stake remains unchanged at 51%, with ABSLI continuing as its subsidiary.

#StockInNews
899 likes·85 comments