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Aditya Birla Capital Announces Allotment Of 1,14,707 Equity Shares

Aditya Birla Capital provides a range of financial products and services, including mutual funds, insurance, asset management, private equity, and wealth management

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Aditya Birla Capital Limited announced that the Stakeholders Relationship Committee of the Company has approved the allotment of 1,14,707 equity shares of the face value of ₹10 each on 10 March 2023 pursuant to exercise of Stock Options /Restricted Stock Units under ABCL Scheme 2017, via an exchange filing.

In every way, the issued equity shares will be equal to the company's existing equity shares.

As a result of the foregoing allotment, the Company's Paid-up Equity Share Capital will rise from Rs 24,17,29,62,290 (equity shares of face value Rs10 each) to Rs 24,17,41,09,360 (equity shares of face value Rs 10 each).

It previously revealed its foray into digital payments. It launched a collaboration with India's National Payments Corporation to develop and promote digital payment solutions.

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