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Legal News 2026-04-09 ET Legal

CCI clears Indriya's 14.3% stake acquisition in Aditya Birla Housing Finance

CCI clears Indriya's 14.3% stake acquisition in Aditya Birla Housing Finance

Following completion, it will hold 14.29% of ABHFL, while Aditya Birla Capital (ABCL) will retain the remaining majority stake in its housing finance arm. Online Bureau
  • Published On Apr 9, 2026 at 05:42 PM IST
NEW DELHI: The Competition Commission of India (CCI) has approved Indriya's acquisition of a 14.29% stake in Aditya Birla Housing Finance (ABHFL), clearing a key regulatory hurdle for the ₹2,750 crore investment announced earlier this year.

The transaction involves Indriya, an entity of global private equity firm Advent International, acquiring equity shares in ABHFL through a preferential allotment on a fully diluted basis.

Following completion, it will hold 14.29% of ABHFL, while Aditya Birla Capital (ABCL) will retain the remaining majority stake in its housing finance arm.

The deal was first approved by ABCL's board in February 2026.

Advt ABHFL is a non-deposit-taking housing finance company registered with the National Housing Bank and offers home loans, loans against property, construction finance and lease rental discounting.
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CCI clears Indriya's 14.3% stake acquisition in Aditya Birla Housing Finance | Vakaalat News | Vakaalat