Aditya Birla Capital Merged With Aditya Birla Finance Ltd.:
Aditya Birla Capital Limited (ABCL) has successfully completed the amalgamation of its wholly owned NBFC subsidiary, Aditya Birla Finance Ltd. (ABFL), with itself. The merger, effective from April 1, 2025, follows approvals from shareholders, creditors, and regulatory bodies, including SEBI, RBI, and NCLT. This move aims to simplify the corporate structure, enhance financial stability, and increase operational efficiency. The leadership transition sees Ms. Vishakha Mulye appointed as MD & CEO and Mr. Rakesh Singh as Executive Director & CEO (NBFC), subject to approvals.
