Aditya Birla Capital Limited announced a private placement to issue 80,894,331 shares at an issue price of INR 346.02 for gross proceeds of INR 27,991,056,412.62, 5,617,661 shares at an issue price of INR 356.02 per share for gross proceeds of INR 1,999,999,669.22 and 25,841,244 shares at an issue price of INR 356.02 per share for gross proceeds of INR 9,199,999,688.88; aggregate gross proceeds of INR 39,191,055,770.72 on May 20, 2026. The transaction will include participation from returning investors Grasim Industries Limited for 80,894,331 shares, Suryaja Investments Pte. Ltd., Singapore for 5,617,661 shares and International Finance Corporation for 25,841,244 shares.

The transaction has been approved by shareholders, subject to general shareholders to be held on June 12, 2026. Post completion, the investors will have Grasim Industries Limited for 53.08% stake for 1,450,703,682 shares, Suryaja Investments Pte. Ltd. 0.21% stake for 5,617,661 shares and International Finance Corporation for 0.95% stake for 25,841,244 shares.