Aditya Birla Capital on Wednesday said its board has approved a ₹4,000 crore equity capital raise through a preferential allotment to strengthen its capital base and support the next phase of growth. Following the announcement, Aditya Birla Capital shares settled 0.41% higher at ₹352.70 on the BSE, taking its market capitalisation to ₹92,436 crore.

The Aditya Birla Group company, in an exchange filing, said the capital infusion includes ₹3,080 crore from the Aditya Birla Group, comprising ₹2,880 crore from promoter Grasim Industries and ₹200 crore from Suryaja Investment Pte Ltd, Singapore, an Aditya Birla Group entity. The remaining ₹920 crore will be raised from International Finance Corporation (IFC).

The fundraise is subject to shareholder approval, regulatory clearances, and other customary conditions, the release noted.

The filing noted that the preferential issue will be carried out at ₹356.02 per equity share, a premium of 0.9% over Wednesday’s closing price, subject to shareholder and other regulatory approvals.

The company said the proceeds will be utilised to meet growth objectives, augment the capital base, fund lending businesses, and support general corporate purposes, including investments in subsidiaries, joint ventures, and associates.

Kumar Mangalam Birla, Chairman of Aditya Birla Group, said financial services have become central to India’s economic transformation and that institutions with diversified platforms, strong governance, and technology-led execution are shaping the sector’s next phase of growth.

“As the sector evolves, institutions with diversified platforms, strong governance, and technology-led execution are increasingly shaping the trajectory of growth,” he said.

He added that Aditya Birla Capital has built scale across the financial services landscape with strong digital capabilities and disciplined execution. “Its breadth across segments, combined with a long-term approach to building institutional capability, positions the group well as India’s financial sector enters its next phase of expansion and sophistication,” he said.

Vishakha Mulye, MD and CEO of Aditya Birla Capital, said the capital infusion would help the company deepen customer engagement and expand digital-first solutions.

“With all the building blocks in place, this capital infusion will enable us to participate in the growth opportunities in India, deepen customer engagement, and deliver digital-first solutions,” she said.

She noted that around 57% of the company’s loan portfolio comprises business loans to SMEs. “We are focused on shaping an inclusive financial ecosystem built on responsible business practices. We empower individuals and businesses with seamless credit access, digital capabilities, and deep ecosystem solutions to drive sustainable, long-term growth,” she added.

IFC Regional Vice President for Asia and the Pacific Sarvesh Suri said the partnership would help expand access to responsible financing for MSMEs and support job creation and financial inclusion.

According to the company, its total lending portfolio across NBFC and housing finance businesses grew at a 30% CAGR to over ₹2 lakh crore between FY23 and FY26, while combined AUM of its asset management and insurance businesses rose at an 18% CAGR to around ₹5.9 lakh crore. Consolidated PAT, excluding exceptional items, increased at a 23% CAGR to ₹3,797 crore in FY26.