Aditya Birla Finance is merging into Aditya Birla Capital
Aditya Birla Finance (ABFL) is a 100% subsidiary of Aditya Birla Capital (ABCL). ABFL is a non-listed NBFC whereas ABCL is a listed holding company. The proposed merger is to ensure compliance with with Scale Based Regulations of RBI which require mandatory listing of ABFL by September 30, 2025. There is not much else to … Read more