
The Competition Commission of India (CCI) has approved the acquisition of a 14.3% stake in Aditya Birla Housing Finance Ltd (ABHFL) by Indriya Ltd, an entity backed by Advent International.
The transaction involves a preferential allotment of equity shares on a private placement basis, forming part of a ₹2,750 crore capital infusion into the company.
Following the deal, Aditya Birla Capital will retain a majority stake in its housing finance arm.
The approval marks a key regulatory step, with the transaction moving closer to completion subject to customary conditions.
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