Aditya Birla Capital's housing finance subsidiary has successfully completed a significant equity transaction, raising ₹2,750 crore through the sale of a substantial stake to Indriya Ltd. According to reports from The Hindu BusinessLine, the transaction involved the allotment of 12.32 crore equity shares at ₹223.12 per share to Indriya Ltd, which is an entity of PE investor Advent International. This preferential issue was executed on a private placement basis, marking a significant milestone for the housing finance company.
The transaction has fundamentally altered the ownership structure of Aditya Birla Housing Finance Ltd (ABHFL), with the company no longer being a wholly-owned subsidiary of Aditya Birla Capital. As reported by The Hindu BusinessLine, Aditya Birla Capital now holds 85.505% of the equity share capital of ABHFL, while Indriya Ltd has acquired a 14.285% stake in the housing finance company. The board of directors of ABHFL approved this allotment on April 17, 2026.
The housing finance subsidiary demonstrated strong financial performance in FY 2024-25, with revenue of ₹2,655.18 crore and net worth of ₹3,783.06 crore, according to the regulatory filing reported by The Hindu BusinessLine. This financial data provides context for the significant stake sale and the company's market position in the housing finance sector.
The market responded positively to the strategic transaction, with shares of Aditya Birla Capital trading at ₹339.05, representing a 0.25% increase from the previous close on the BSE, as reported by The Hindu BusinessLine. The positive market reaction suggests investor confidence in the strategic value of the stake sale and the company's continued focus on its housing finance operations.
