CCI OKs Indriya's acquisition of 14.286% stake in Aditya Birla Housing Fin
This story was originally published at 19:40 IST on 7 April 2026
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--CCI OKs Indriya's acquisition of 14.286% stake in Aditya Birla Housing Fin
NEW DELHI – The Competition Commission of India has approved the acquisition of 14.286% stake in Aditya Birla Housing Finance Ltd. by private equity company Advent International's Indriya Ltd. The board of Aditya Birla Housing Finance and that of its parent company Aditya Birla Capital Ltd. had approved the transaction in February.
Aditya Birla Housing Finance raised INR 27.50 billion from the acquisition. The financier aims to utilise the capital to sustain its growth momentum and increase market share, it had said in an exchange filing in February.
For the quarter ended December, Aditya Birla Capital had reported a consolidated net profit of INR 9.45 billion on a consolidated revenue of INR 119.52 billion. Shares of the company Tuesday closed nearly 1% lower at INR 308.55 on the National Stock Exchange. End
Reported by Krity Ambey
Edited by Ashish Shirke
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