aditya birla group


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Aditya Birla Sun Life AMC IPO to open today; sets price band at 695-712/share

It was decided to allot 1,10,80,800 shares to anchor investors at ₹712 apiece, valuing the aggregate transaction at ₹788.95 crore, according to a circular uploaded on the BSE website.

Aditya Birla Sun Life AMC on Tuesday said it has collected <span class='webrupee'>₹</span>789 crore from anchor investors ahead of its initial share sale.
Published on Sep 29, 2021 06:37 AM IST
Written by Susmita Pakrasi | Edited by Amit Chaturvedi, Hindustan Times, New Delhi

Birla offers to hand over Vi stake to govt

The telco chairman expressed the group’s inability to fund the company any further

On July 26, Mint reported that Vodafone Idea’s controlling shareholders, UK’s Vodafone Group Plc and India’s Aditya Birla Group, were open to ceding control of the company if a strategic investor wants to take over.
Published on Aug 03, 2021 05:24 AM IST
ByDeborshi Chaki, Mumbai

Voda Group, Aditya Birla may dilute their stake in Voda Idea

Vodafone Idea’s UK parent owns a 45% stake in the company, and the Indian promoter group, which includes Kumar Mangalam Birla and Aditya Birla Group firms, holds a 26% stake.

The Supreme Court’s Friday verdict may make fundraising an uphill task for Vodafone Idea.(File photo)
Updated on Jul 26, 2021 04:56 AM IST
ByAnirudh Laskar, Hindustan Times, New Delhi
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