Cci Clears Advent To Acquire 14.3% Stake In Aditya Birla Housing Finance
Fair trade regulator CCI on Tuesday cleared Advent International's proposal to acquire a 14.3 per cent stake in Aditya Birla Housing Finance Ltd. The development came after the boards of Aditya Birla Capital and Aditya Birla Housing Finance, in February 2026, approved a proposal for a primary capital infusion of Rs 2,750 crore in ABHFL, from Indriya Ltd, one of the entities of Advent International. "The proposed combination envisages acquisition of equity shares (by way of preferential issue on a private placement basis) amounting to 14.286 per cent of the post-issue paid up equity share capital of the Aditya Birla Housing Finance Ltd, on a fully diluted basis by the Indriya Ltd," the regulator said in a release. Aditya Birla Housing Finance Ltd (ABHFL) is engaged in the business of providing home loans, loans against property, construction finance loans, and lease rental discounting loans. It is a wholly-owned subsidiary of Aditya Birla Capital Ltd (ABCL). "CCI approves the ...
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