Promoter, IFC to pump Rs 4k cr equity into Aditya Birla Cap
MUMBAI: The board of Aditya Birla Capital has approved a Rs 4,000 crore preferential issue of equity shares to fund growth. Of the proposed issue, Rs 2,880 crore will come from Grasim (promoter), Rs 200 crore from group arm Suryaja Investment Singapore, and Rs 920 crore from IFC. The issue is priced at Rs 356 … Read more