CCI Approves Indriya’s Stake Acquisition in Aditya Birla Housing Finance

CCI Approves Indriya’s Stake Acquisition in Aditya Birla Housing Finance

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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