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Advent exits Aditya Birla Cap, nets 2.5x
Mint Chennai
|October 30, 2025
US private equity firm Advent International Corp. on Wednesday sold its entire 2% stake in Aditya Birla Capital Ltd (ABCL) via a block deal, raising about ₹1,638-1,640 crore.
The stake comprises 53.2 million shares, which were sold by Jomei Investments, a special-purpose affiliate of Advent, at ₹308 apiece, according to exchange data.
Shares of Aditya Birla Capital ended at ₹311 on the National Stock Exchange (NSE) on Wednesday, down 0.5% from the previous close. In June, Advent sold about 36 million shares, or 1.4%, of Aditya Birla Capital at a floor price of ₹237.8 per share. It had raised roughly ₹856 crore through the deal.
यह कहानी Mint Chennai के October 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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