Aditya Birla Capital invests Rs 40 crore In ABC Digital through rights issue
The company said the investment was made by subscribing to equity shares of ABCDL on a rights basis, for which the entire payment was in cash.
The company said the investment was made by subscribing to equity shares of ABCDL on a rights basis, for which the entire payment was in cash.
Aditya Birla Capital has approved sale of up to 28,50,880 equity shares of face value of Rs 5 each held in ABSLAMC out of the total paid-up share capital of 28,80,00,000 equity shares of Aditya Birla Sun Life AMC, the company added.
Aditya Birla Sun Life AMC Ltd is JV between the Aditya Birla Group and the Sun Life Financial Inc. of Canada.
The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post…