| Purpose | Announcement Date | Meeting Date |
|---|---|---|
| EGM | 29 Nov 2024 | 7 Jan 2025 |
| Aditya Birla Capital Limited has informed the Exchange regarding Order dated 29 November 2024 passed by the Honble National Company Law Tribunal, Ahmedabad Bench for inter alia convening meeting of the equity shareholders of the Company. Proceedings of the meeting of the equity shareholders of Aditya Birla Capital Limited convened pursuant to the directions of Honble NCLT, Ahmedabad Bench (As Per Bse Announcement Dated on 07.01.2025) Aditya Birla Capital Limited has submitted the Exchange voting results alongwith scrutinizers report of Court convened meeting of equity shareholders held on January 07, 2025 (As Per Bse Announcement Dated on 08.01.2025) | ||
This investment will further aid ABCDL, which is the key expander of all digital initiatives for the Aditya Birla Group in both Capex and Opex.
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The capital infusion was in line with ABCL’s strategy to increase its housing finance operations and support future growth, Chandak said in the statement.
The investment is primarily done to help ABCDL for further growth and funding requirement. At the same time, it would improve group's digital initiatives.
The recent funds will support the growth and financial needs of Aditya Birla Capital Digital within the financial services industry.
ABCL’s consolidation aims to improve operational efficiency, simplify processes, and enhance capital allocation across subsidiaries, benefiting shareholders.
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Here are some of the stocks that may see significant price movement today: Tata Motors, ITC, Kalyan Jewellers, etc.
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