Aditya Birla Capital Ltd to Discuss Proposed Amalgamation of Aditya Birla Finance Limited Call Transcript

Mar 11, 2024 / 01:00PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the conference call of Aditya Birla Capital Limited.

(Operator Instructions)

Please note that this conference is being recorded. I now hand the conference over to Ms. Vishakha Mulye; CEO, Aditya Birla Capital Limited. Thank you, and over to you, ma'am.

Vishakha Mulye - Aditya Birla Capital Ltd - Chief Executive Officer

Thank you so much. Good evening, and thank you for joining the call today at a short note. Joining me are Rakesh, Pinky and Vijay on the call. The Board of Directors of Aditya Birla Capital and Aditya Birla Finance, a wholly owned subsidiary, have approved a scheme of amalgamation of Aditya Birla Finance with Aditya Birla Capital. The amalgamation will be subject to regulatory and other approvals as may be required.

As you know, Aditya Birla Capital is a listed, systemically important non-deposit taking core investment company that is NBFC-CIC. Aditya Birla Finance, is systemically important non-deposit taking NBFC, that is NBFC-ICC wholly-owned subsidiary of Aditya Birla

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