Aditya Birla Housing Finance raises Rs 2,750 cr from Indriya via stake sale

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Aditya Birla Housing Finance has secured Rs 2,750 crore. Indriya Ltd, an arm of PE investor Advent International, has acquired a 14.29% stake. This transaction means Aditya Birla Housing Finance is no longer a wholly-owned subsidiary. Aditya Birla Capital now holds 85.505% of the housing finance firm. The deal was approved on April 17.

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Aditya Birla Housing Finance raises Rs 2,750 cr from Indriya via stake sale

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