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ABCAPITAL Announces Amalgamation, Key Appointments, and Fundraising | Bullu
ABCAPITAL
ABCAPITAL Announces Amalgamation, Key Appointments, and Fundraising
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09:11 20 Apr 25
mergers & acquisitions
board changes
fundraising
Aditya Birla Finance Limited (ABFL) amalgamated with Aditya Birla Capital Limited (ABCL), effective April 1, 2025.
Ms. Vishakha Mulye appointed MD & CEO, and Mr. Rakesh Singh appointed Executive Director & CEO (NBFC), subject to RBI and shareholder approval.
Mr. Nagesh Pinge and Mr. Sunil Srivastav appointed as Additional Independent Directors for five years.
Mr. Deep Pal Singh appointed Chief Risk Officer, replacing Ms. Sanchita Mustauphy who resigned effective June 26, 2025.
ABCL approved fundraising through debt securities up to ₹1,35,000 crore, with detailed sub-limits specified for different instruments.
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