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Aditya Birla Capital Successfully Merges Aditya Birla Finance to Establish a Unified NBFC.

Banking & Finance | Dated: 03 Apr 2025

On 31st March 2025, Mumbai (Maharashtra)-based Aditya Birla Capital Limited (ABCL), a non-banking finance company (NBFC), announced the successful amalgamation of its wholly-owned subsidiary, Aditya Birla Finance Limited (ABFL), effective from 1st April 2025.

🎯 Key Highlights:

  • - The merger received approvals from the National Company Law Tribunal (NCLT), Ahmedabad Bench, and regulatory bodies such as the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
  • - The proposed amalgamation aims to rationalize and simplify the group structure, enhance financial stability, improve stakeholder value, and increase operational efficiency.

💡 Other Important Facts:

  • (i) Vishakha Mulye has been appointed as Managing Director (MD) & Chief Executive Officer (CEO) of ABCL.
  • (ii) Rakesh Singh has been appointed as Executive Director (ED) and CEO of ABCL.
  • (iii) Nagesh Pinge and Sunil Srivastav have been appointed as Independent Directors of ABCL.

📚 Test Your Knowledge:

Which financial company recently completed the merger of Aditya Birla Finance to form a unified NBFC?

Correct Answer: Aditya Birla Capital

🚀 Quick Recap:

About Aditya Birla Capital Limited (ABCL)

  • Chairman : Kumar Mangalam Birla
  • Headquarters : New Delhi