Grasim invests Rs 2,880 cr in Aditya Birla Capital via preferential issue
GRASIM · price
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On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.6 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Grasim Industries acquired 8.08 crore additional equity shares of its listed subsidiary Aditya Birla Capital (ABCL) at Rs 356.02 per share for about Rs 2,880 crore through a preferential allotment on 23 June 2026. This raised Grasim's stake in ABCL from 52.27% to 52.30%. Funds will support ABCL's growth, capital base, lending business and general corporate purposes. ABCL's FY26 revenue stood at Rs 45,509 crore with PAT of Rs 3,764 crore.
Marginal uptick in Grasim's holding in ABCL; capital infusion supports ABCL's lending and growth plans. Cash outflow of about Rs 2,880 crore.