Aditya Birla Capital Approves ₹4,000 Crore Preferential Issue; Stock Up Over 61% in 1 Year

Aditya Birla Capital Limited (ABCL) has approved a massive ₹4,000 crore preferential equity issue aimed at strengthening its capital base, supporting lending business growth, and accelerating long-term expansion plans across financial services segments.

The financial services stock has gained more than 61% over the last one year, reflecting strong investor confidence in the company’s diversified financial ecosystem, lending growth, insurance business expansion, and capital market positioning.

The company has scheduled an Extra-Ordinary General Meeting (EoGM) on June 12, 2026, to seek shareholder approval for the preferential allotment of equity shares to promoter and institutional investors.

Aditya Birla Capital ₹4,000 Crore Fund Raise Details

The company plans to raise up to ₹4,000 crore through a preferential issue of equity shares.

Preferential Issue Highlights

Parameter	Details
Total Fund Raise	₹4,000 Crore
Issue Price	₹356.02 Per Share
Total Shares Issued	11,23,53,236 Shares
Meeting Date	June 12, 2026
Issue Type	Preferential Allotment

The issue price includes a premium of ₹346.02 per share over the face value.

Investors Participating in the Preferential Issue

The preferential allotment will be made to promoter entities and institutional investors.

Proposed Allottees

Allottee	Category	Amount
Grasim Industries	Promoter	₹2,880 Crore
Suryaja Investments Pte. Ltd.	Promoter Group	₹200 Crore
International Finance Corporation (IFC)	Non-Promoter	₹920 Crore

Following the allotment, Grasim Industries will increase its stake in Aditya Birla Capital to approximately 53.08%.

The International Finance Corporation (IFC) will enter the company as a shareholder with an estimated 0.95% stake.

Utilization of Funds

Aditya Birla Capital stated that the proceeds will primarily support growth and lending expansion initiatives.

Planned Utilization of Proceeds

Purpose	Estimated Allocation
Growth Objectives & Lending Business	₹3,500 Crore
General Corporate Purposes	₹500 Crore

The company plans to utilize the proceeds within two years from the date of receipt.

EoGM and Voting Timeline

The company has announced voting timelines for shareholders regarding the preferential issue proposal.

Important Dates

Event	Date
EoGM Date	June 12, 2026
Remote E-Voting Start	June 9, 2026
Remote E-Voting End	June 11, 2026
Voting Result Announcement	On or Before June 16, 2026

The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM).

Analyst View on Aditya Birla Capital

Global brokerage Morgan Stanley maintained an Overweight rating on the stock following the announcement.

Morgan Stanley View

Brokerage	Rating	Target Price
Morgan Stanley	Overweight	₹408

The brokerage highlighted:

• Limited Equity Dilution
• Increase in Promoter Holding
• Strong Capital Position
• Improvement in Free Funds
• Positive FY27 PAT Impact

Morgan Stanley believes the capital raise could strengthen the company’s lending capabilities and improve future profitability.

Strategic Importance of the Capital Raise

The ₹4,000 crore preferential issue is expected to support Aditya Birla Capital’s expansion across key financial services segments including:

• NBFC Lending
• Housing Finance
• Insurance
• Wealth Management
• Asset Management
• Digital Financial Services

The fresh capital is also likely to improve regulatory capital adequacy and funding flexibility.

Aditya Birla Capital Stock Performance

The stock has delivered strong returns over the past year amid improving business momentum and investor optimism in the financial services sector.

Aditya Birla Capital Stock Returns

Period	Return
1 Day	+2.26%
5 Days	+2.19%
1 Month	+3.69%
6 Months	+9.72%
1 Year	+61.34%

Outlook

Aditya Birla Capital continues strengthening its position as one of India’s major diversified financial services companies.

The ₹4,000 crore capital raise, increasing promoter participation, and institutional investment from IFC indicate strong confidence in the company’s long-term growth potential.

With expansion across lending, insurance, and digital financial services, the company remains well-positioned to benefit from rising financialization, retail credit demand, and long-term growth in India’s financial sector.

FAQs

What did Aditya Birla Capital announce?

Aditya Birla Capital announced a ₹4,000 crore preferential issue of equity shares to promoter entities and institutional investors.

What is the issue price for the preferential allotment?

The company will issue shares at ₹356.02 per share, including a premium of ₹346.02 per share.

Who are the investors participating in the preferential issue?

The proposed investors include:

• Grasim Industries
• Suryaja Investments Pte. Ltd.
• International Finance Corporation (IFC)

How much will Grasim Industries invest in Aditya Birla Capital?

Grasim Industries will invest approximately ₹2,880 crore in the preferential issue.

What stake will IFC hold after the allotment?

International Finance Corporation (IFC) is expected to hold around 0.95% stake post allotment.

What is the purpose of the ₹4,000 crore fund raise?

The proceeds will mainly be used for:

• Lending Business Growth
• Capital Base Expansion
• Business Expansion
• General Corporate Purposes

When is the Aditya Birla Capital EoGM scheduled?

The Extra-Ordinary General Meeting (EoGM) is scheduled for June 12, 2026.

How much has Aditya Birla Capital stock gained in one year?

The stock has gained approximately 61.34% over the last one year.

What rating did Morgan Stanley give to Aditya Birla Capital?

Morgan Stanley maintained an Overweight rating with a target price of ₹408.

Which sectors does Aditya Birla Capital operate in?

Aditya Birla Capital operates across:

• NBFC Lending
• Housing Finance
• Insurance
• Asset Management
• Wealth Management
• Digital Financial Services