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Board of Aditya Birla Capital approves capital infusion from ADIA into Aditya Birla Health Insurance

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Capital Market
Last Updated : Aug 12 2022 | 9:31 AM IST

At meeting held on 11 August 2022

The Board of Aditya Birla Capital (ABCL) and Aditya Birla Health Insurance Co. (ABHI), a non-material subsidiary of ABCL on 11 August 2022 approved a proposal for a primary capital infusion of approximately Rs 665 crore for 9.99% stake in the post issue equity share capital of ABHI, from a wholly owned subsidiary of the Abu Dhabi Investment Authority.

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First Published: Aug 12 2022 | 9:08 AM IST

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