Tag: Indriya

Housing FinanceLatest Stories

Aditya Birla Housing Finance Allocates ₹2,750 Crore to Indriya

NEW DELHI: Aditya Birla Housing Finance (ABHFL) has successfully raised approximately ₹2,750 crore by issuing equity shares to Indriya, a company associated with global private equity firm Advent International. The firm allocated over 12.32 crore equity shares at ₹223.12 each on April 17, 2026, as noted in a regulatory filing. As a result of this transaction, Indriya now owns a 14.29% stake in ABHFL on a fully diluted basis. This also means that ABHFL is no longer a wholly owned subsidiary of Aditya Birla Capital (ABCL), with the parent company’s stake decreasing to 85.5%. The capital raise aligns with a…

Housing FinanceLatest Stories

CCI Approves Indriya’s 14.3% Stake in Aditya Birla Housing

NEW DELHI: The Competition Commission of India (CCI) has granted approval for Indriya’s acquisition of a 14.29% stake in Aditya Birla Housing Finance (ABHFL), marking a significant regulatory milestone in the ₹2,750 crore investment revealed earlier this year. This transaction involves Indriya, a part of global private equity firm Advent International, acquiring equity shares in ABHFL via preferential allotment on a fully diluted basis. Once completed, Indriya will own 14.29% of ABHFL, while Aditya Birla Capital (ABCL) will maintain the majority stake in its housing finance subsidiary. The deal received initial approval from ABCL’s board in February 2026. ABHFL is…