Pilani Investment and Industries Corporation Ltd, a key financial arm of the Aditya Birla Group, has announced a ₹15 dividend per share for FY 2024–25. The company, recently reclassified as a Core Investment Company by the Reserve Bank of India, continues to strengthen its financial base while supporting group entities through strategic investments and financing activities.
Pilani Investment and Industries Corporation Ltd, a Core Investment Company (CIC) within the Aditya Birla Group, has recommended a dividend of ₹15 per equity share of face value ₹10 each for the financial year 2024 to 2025. This dividend is subject to the approval of shareholders at the upcoming Annual General Meeting scheduled for June 30, 2025.
The company has fixed Monday, June 23, 2025, as the record date for determining the eligibility of members to receive the declared dividend. Shareholders whose names appear in the register of members as on the record date will be entitled to receive the dividend.
Pilani Investment reported a net profit of ₹98.46 crore for the financial year ending March 2025. The total income stood at ₹307 crore, marking a growth of 7% over the previous year’s income of ₹286.3 crore. The financial performance reflects steady income generation from its investment and financing activities within the Aditya Birla Group ecosystem.
The Reserve Bank of India has granted its approval for the conversion of the company’s registration status from Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) to Core Investment Company (CIC). Accordingly, Pilani Investment has received a fresh Certificate of Registration.
In a board meeting held recently, the directors approved the proposal to increase the borrowing powers of the company up to ₹3,500 crore. This proposal is subject to shareholder approval at the forthcoming AGM. The increased borrowing capacity is expected to support the company’s financing operations for group entities.
As of March 2025, the promoter group of the company holds a 57.55% stake.
Pilani Investment and Industries Corporation Limited operates as a non-deposit-taking NBFC under the regulatory framework of the Reserve Bank of India. Its core function is to invest in shares and securities of Aditya Birla Group companies and provide financing support to them. The company plays a strategic role in managing and nurturing the group’s financial ecosystem.
As of 11:50 AM, Pilani Investment and Industries Corporation share price was trading 0.32% higher at ₹5,215 on the NSE.
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Pilani Investment remains a vital pillar in the Aditya Birla Group’s financial architecture. The dividend announcement and enhanced borrowing powers reflect its steady growth and strategic focus.
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Published on: Jun 18, 2025, 1:33 PM IST
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