Aditya Birla Capital Gets Shareholder Nod for Board Changes and New NCD Issue

Aditya Birla Capital Ltd. ( (IN:ABCAPITAL) ) has issued an update.

Aditya Birla Capital Limited shareholders have approved three key resolutions via postal ballot, including the appointment of Ms. Saloni Narayan as an independent director for five years and Mr. Krishna Kishore Maheshwari as a non-executive director, both effective 3 February 2026. They also cleared the issuance of non-convertible debentures on a private placement basis, a move that will provide the company with added flexibility to raise debt capital and strengthen its funding options, with all resolutions passed by the requisite majority through remote e-voting.

The postal ballot process was conducted entirely through remote e-voting between 25 February and 26 March 2026, in line with the Companies Act, SEBI listing regulations, and relevant MCA circulars. An independent scrutinizer from Makarand M. Joshi & Co. supervised the voting, underscoring regulatory compliance and governance standards as the company refreshes its board and expands its capital-raising toolkit.

More about Aditya Birla Capital Ltd.

Aditya Birla Capital Limited is a diversified non-banking financial services company in India, offering lending, asset management, insurance, and other financial solutions. The company focuses on retail and institutional clients across multiple segments, positioning itself as a key player within the Aditya Birla Group’s financial services platform.

Average Trading Volume: 231,897

Technical Sentiment Signal: Buy

Current Market Cap: 824.1B INR

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