Aditya Birla Capital Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on Jun 12, 2026
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Aditya Birla Capital Limited has called an Extra-Ordinary General Meeting on June 12, 2026 at 11:00 AM via video conferencing to seek shareholder approval for issuing equity shares on a preferential basis to three entities. The total fund raise amounts to Rs. 4,000 crore: Rs. 2,880 crore to Grasim Industries Limited (parent/promoter), Rs. 200 crore to Suryaja Investments Pte. Ltd. (promoter group entity), and Rs. 920 crore to International Finance Corporation (IFC, qualified institutional buyer). The issue price is Rs. 356.02 per share, with Grasim's stake increasing from 52.27% to 53.08% post-allotment. Remote e-voting opens June 9 and closes June 11, 2026.
This is a significant capital raise that will dilute existing shareholders. The investment by IFC brings international institutional credibility to the company. Promoter holding is being strengthened through the Grasim and Suryaja allotments.