Grasim Industries Share Price in Focus; Invests ₹2,879.99 Crore in Aditya Birla Capital

Written by: Team Angel OneUpdated on: 23 Jun 2026, 9:39 pm IST
Grasim Industries acquired 8.09 crore shares of Aditya Birla Capital for ₹2,879.99 crore, increasing its stake from 52.27% to 52.30%.
Grasim Industries Share Price
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Fresh capital has been infused into Aditya Birla Capital Limited (ABCL) through a preferential allotment of equity shares to Grasim Industries Limited. The transaction resulted in an increase in Grasim's shareholding in the financial services company. 

Details of the Share Allotment 

On 23 June 2026, ABCL allotted 8,08,94,331 equity shares to Grasim Industries. 

The shares were issued at ₹356.02 per share, comprising a face value of ₹10 and a premium of ₹346.02 per share. The total consideration for the allotment stood at ₹2,879.99 crore. 

The investment was made under Grasim's previously announced plan to invest up to ₹2,880 crore in the preferential issue.  

Shareholding After the Transaction 

Before the allotment, Grasim held 1,36,98,09,351 shares, representing 52.27% of ABCL's equity. 

Following the issue of new shares, its holding increased to 1,45,07,03,682 shares, taking its ownership to 52.30% on a fully diluted basis.  

About Aditya Birla Capital 

Incorporated on 15 October 2007, Aditya Birla Capital is a Non-Banking Financial Company (NBFC) with its registered office in Veraval, Gujarat.  

ABCL operates across multiple segments of the financial services industry, including lending, asset management, life insurance, health insurance, housing finance, private equity, insurance broking, equity broking, commodity broking, pension fund management and asset reconstruction.  

For FY26, ABCL reported revenue from operations of ₹45,508.98 crore, profit after tax of ₹3,764.49 crore and a net worth of ₹34,423.11 crore. Revenue from operations increased from ₹40,589.98 crore in FY25 and ₹33,940.84 crore in FY24. 

Read More: IIFL Finance Share Price in Focus; Board Meeting Scheduled for Fund Raising Agenda on June 27, 2026! 

Grasim Industries and Aditya Birla Capital Share Price Performance  

As of 23 June 2026, at 1:53 PM, Grasim Industries Limited share price was trading at ₹3,139.10 per share, reflecting a decline of 1.14% from the previous closing price.  

As of 23 June 2026, at 1:53 PM, Aditya Birla Capital Limited share price was trading at ₹385.20 per share, reflecting a decline of 1.72% from the previous closing price.  

Conclusion 

The allotment forms part of Aditya Birla Capital's capital raising exercise and involves participation from its parent company, Grasim Industries. The company continues to operate across a diversified financial services platform spanning lending, insurance, asset management and housing finance. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 23, 2026, 4:08 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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