Aditya Birla Capital Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on June 12, 2026
ABCAPITAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aditya Birla Capital has called an EGM on June 12, 2026, seeking shareholder approval for a Rs 4,000 crore preferential share issuance across three tranches. The largest allocation of Rs 2,880 crore (80.89 million shares) goes to Grasim Industries, the parent company, which will increase its stake from 52.27% to 53.08%. Suryaja Investments Pte. Ltd., an Aditya Birla Group entity, will receive shares worth Rs 200 crore (5.62 million shares), acquiring a 0.21% stake. International Finance Corporation (IFC), a World Bank arm and qualified institutional buyer, will get shares worth Rs 920 crore (25.84 million shares) for a 0.95% stake. All shares are priced at Rs 356.02 each with a lock-in period as per SEBI regulations. Voting will be conducted electronically from June 9-11, 2026.
Existing shareholders will face dilution of approximately 1.16% due to this preferential allotment. The Rs 4,000 crore capital raise strengthens the company's balance sheet and signals confidence from both the promoter group and international institutions like IFC.