Aditya Birla Capital Merged With Aditya Birla Finance Ltd.

Aditya Birla Capital Limited (ABCL) has finalized the merger of its fully owned NBFC subsidiary, Aditya Birla Finance Ltd. (ABFL), with itself. Effective from April 1, 2025, this strategic move aims to enhance operational efficiencies and financial strength.

Shivam Last updated on April 3rd, 2025 11:08 am

Aditya Birla Capital Limited (ABCL) has successfully completed the amalgamation of its wholly owned NBFC subsidiary, Aditya Birla Finance Ltd. (ABFL), with itself. The merger, effective from April 1, 2025, follows approvals from shareholders, creditors, and regulatory bodies, including SEBI, RBI, and NCLT. This move aims to simplify the corporate structure, enhance financial stability, and increase operational efficiency. The leadership transition sees Ms. Vishakha Mulye appointed as MD & CEO and Mr. Rakesh Singh as Executive Director & CEO (NBFC), subject to approvals.

Key Highlights

Completion of Amalgamation

ABCL announced the completion of the merger with ABFL on March 31, 2025, following NCLT’s approval on March 24, 2025.

Effective & Appointed Dates

The merger is effective from April 1, 2025, with the appointed date being April 1, 2024.

Regulatory Approvals

The process was completed post approval from SEBI, RBI, NCLT, stock exchanges, shareholders, and creditors.

Leadership Appointments

Ms. Vishakha Mulye – MD & CEO of the amalgamated entity.
Mr. Rakesh Singh – Executive Director & CEO (NBFC).
Independent Directors: Mr. Nagesh Pinge and Mr. Sunil Srivastav appointed.
Chairman’s Statement: Kumar Mangalam Birla emphasized financial services’ role in India’s economic growth and ABCL’s commitment to financial inclusion and value creation.

CEO’s Perspective

Vishakha Mulye highlighted the benefits of a simplified structure, improved access to capital, and operational synergies.

Rationale & Benefits of the Amalgamation

Simplified Group Structure: Reduces legal entities and streamlines operations.
Improved Financial Strength: Converts ABCL from a Core Investment Company to an NBFC, enabling direct access to capital.

Enhanced Stakeholder Value

Business consolidation leads to long-term growth and increased shareholder value.

Operational Efficiency

Reduces regulatory complexities and facilitates smooth policy implementations.

Summary/Static	Details
Why in the news?	Aditya Birla Capital Merged With Aditya Birla Finance Ltd.
Completion of Amalgamation	ABCL completed the merger with ABFL on March 31, 2025, post NCLT approval.
Effective & Appointed Dates	Merger effective from April 1, 2025, appointed date: April 1, 2024.
Regulatory Approvals	Completed after receiving approval from SEBI, RBI, NCLT, stock exchanges, shareholders, and creditors.
Leadership Appointments	Vishakha Mulye as MD & CEO, Rakesh Singh as Executive Director & CEO (NBFC).
Independent Directors	Appointed Nagesh Pinge and Sunil Srivastav.
Chairman’s Statement	Kumar Mangalam Birla highlighted ABCL’s role in India’s financial growth and commitment to financial inclusion.
CEO’s Perspective	Vishakha Mulye emphasized the benefits of a simplified structure, better access to capital, and synergies.
Rationale & Benefits of the Amalgamation	Simplifies group structure, reduces legal entities, and enhances operational efficiency.
Improved Financial Strength	Conversion of ABCL to an NBFC for direct capital access and strengthened financial position.
Enhanced Stakeholder Value	Consolidated businesses lead to long-term growth and shareholder value.
Operational Efficiency	Reduction in regulatory complexities and smoother policy implementation.