Aditya Birla Capital invests Rs 249 crore in its subsidiary ABHFL to fund growth, improve leverage ratio

Aditya Birla Capital Limited has invested Rs 249 crore in its wholly owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). This investment aims to fund ABHFL's growth and improve its leverage ratio. Previously, Aditya Birla Capital announced a Rs 300 crore infusion into ABHFL through a rights issue, maintaining full ownership of the mortgage lender.