CCI Approves Advent’s Proposal to Acquire 14.286% stake in ABHFL
In April 2026, the Competition Commission of India (CCI) approved the proposal of Advent International Corporation to acquire a 14.286% stake in Aditya Birla Housing Finance Limited (ABHFL), a wholly-owned subsidiary of Aditya Birla Capital Limited (ABCL) through a preferential issue.
In April 2026, the Competition Commission of India (CCI) approved the proposal of Advent International Corporation to acquire a 14.286% stake in Aditya Birla Housing Finance Limited (ABHFL), a wholly-owned subsidiary of Aditya Birla Capital Limited (ABCL) through a preferential issue.
- This approval follows the decision of the boards of ABCL and ABHFL in February 2026 to approve a capital infusion of Rs 2,750 crore into ABHFL.
Key Details of Deal:
Acquisition Process: As per the proposed arrangement, Indriya Limited will acquire equity shares amounting to 14.286% of the post-issue paid up equity share capital of ABHFL,on a fully diluted basis.
Key Change: Upon completion of the transaction, ABHFL will be valued at Rs 19,250 crore.
ABHFL: It is one of India’s fastest-growing Housing Finance Companies (HFCs), engaged in the business of providing home loans, loans against property, construction finance loans, among others.
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