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Advent exits Aditya Birla Cap, nets 2.5x
Mint Hyderabad
|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.
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