ABCAPITAL

May 30 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• INVESTS 2.50 BILLION RUPEES IN ABHFL

• INVESTMENT MADE ON RIGHTS BASIS IN ABHFL

Source text: ID:nBSE6C5FgN

Further company coverage: ADTB.NS

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MUMBAI, May 23 (Reuters) - India's Aditya Birla Capital ADTB.NS plans to raise 35 billion rupees ($407.1 million), which includes 24 billion rupees of a greenshoe option, through the sale of multiple tenor bonds, three bankers said on Friday.

The company will sell bonds maturing in two years and nine months, and in four years and six months. It will reissue 7.97% December 2027 bonds and 8.02% February 2030 bonds, and has invited commitment bids for all the options later in the day, they said.

The company did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on May 23:

*Size includes base plus greenshoe for some issues

($1 = 85.9850 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)

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May 2 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL LTD - BOARD TO CONSIDER RAISING FUNDS VIA DEBT SECURITIES

Source text: ID:nBSE3rBr2n

Further company coverage: ADTB.NS

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MUMBAI, April 29 (Reuters) - India's Aditya Birla Capital ADTB.NS plans to raise 10 billion rupees ($117.4 million), including a greenshoe option of 7.50 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Tuesday.

It has invited coupon and commitment bids for the issue on Monday, they said.

The company did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on April 29:

*Size includes base plus greenshoe for some issues

($1 = 85.2080 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)

(([email protected]))

April 22 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• IRDAI GRANTED CERTIFICATE OF REGISTRATION TO ACT AS CORPORATE AGENT

Source text: ID:nNSEbq4bdw

Further company coverage: ADTB.NS

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March 26 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL - TO CONSIDER FUND RAISING

• ADITYA BIRLA CAPITAL- PROPOSAL OF RAISING OF FUNDS BY ISSUANCE OF DEBT SECURITIES

Source text: ID:nBSE44CNkP

Further company coverage: ADTB.NS

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March 25 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL - INVESTS 400 MILLION RUPEES IN ABCDL

Source text: ID:nNSEbc0DwY

Further company coverage: ADTB.NS

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** Shares of Aditya Birla Capital ADTB.NS gain 3.33% to 176.47 rupees apiece

** Rise after Jefferies reiterates "buy" on the financial services firm and a target price of 248 rupees, implying a 49% upside

** ADTB's valuations appear attractive after the 31% drop from the recent peak due to loan growth moderation and margin pressure, says Jefferies

** Says stress in unsecured loans has peaked and expects loan growth to stabilise in fiscal year 2026, aiding margins

** Macquarie says ADTB is one of its top picks and is on course to double in three years; has "outperform" rating with 260 rupees target, implying 56% upside

** Average rating of nine analysts tracking ADTB is "strong buy"; median price target at 248 rupees, according to data compiled by LSEG

** Shares are down 0.6% YTD vs 11% drop in midcaps .NIFMDCP100

(Reporting by Bharath Rajeswaran in Bengaluru)

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March 10 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL - INVESTMENT OF 3 BILLION RUPEES IN SHARES OF ADITYA BIRLA HOUSING FINANCE

• ADITYA BIRLA CAPITAL - INVESTMENT ON RIGHTS BASIS, IN THE SHARES OF ADITYA BIRLA HOUSING FINANCE

Source text: [ID:]

Further company coverage: ADTB.NS

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Corrects to Thursday from Wednesday in first paragraph

Feb 27 (Reuters) - Shares of most Indian financial companies, especially those of non-bank and microfinance-focussed lenders, jumped on Thursday after the central bank further eased its capital requirements for micro loans and bank credit.

Financial stocks .NIFTYFIN, which include non-bank finance companies (NBFCs), jumped about 1%, outpacing the 0.7% increase in banking stocks .NSEBANK. The benchmark Nifty 50 .NSEI, in comparison, was flat.

The Reserve Bank of India, on Tuesday, trimmed the higher capital requirements introduced in November, the latest in a series of growth-supportive measures since Sanjay Malhotra took over as governor in December.

Under his watch, the RBI has eased liquidity, delayed some regulations and loosened restrictions placed on some lenders.

"We think this bodes well for the financial sector and lays more emphasis on consumption and growth ... and (we) reiterate our bullish view," Macquarie analyst Suresh Ganapathy said in a note.

On the day, Bandhan Bank BANH.NS gained 6%, while Shriram Finance SHMF.NS, AU Small Finance Bank AUFI.NS and Ujjivan Small Finance Bank UJJI.NS rose about 5% each.

Cholamandalam Investment and Finance CHLA.NS and Aditya Birla Capital ADTB.NS advanced 4.5% each. Bajaj Finance BJFN.NS rose 2.7% and IndusInd Bank INBK.NS gained 2%.

In comparison, top private lenders such as ICICI Bank ICBK.NS and HDFC Bank HDBK.NS were up under 1%.

The RBI's move should help most NBFCs' earnings, Morgan Stanley analysts said, picking Aditya Birla Capital, PNB Housing, Shriram Finance and Bajaj Finance as top beneficiaries.

Nomura analysts said banks with higher microfinance loan exposure, such as Bandhan Bank, IndusInd and AU Small Finance Bank, would also get much needed relief.

Since the rules were implemented in November, Aditya Birla Capital's shares had slid 16%, while AU Small Finance Bank and IndusInd Bank sank 28% and 31%, respectively. The worst hit, with a 38% tumble, was Bandhan Bank -- the day's top gainer.

However, Axis Bank Chief Economist Neelkanth Mishra cautioned that a reversal in the broad-based slide in loan growth -- caused by high liquidity costs and the RBI's discomfort with high loan-to-deposit ratios -- could take time.

"While these (RBI) signals should help revive lending, we believe the binding constraint remains durable liquidity."

(Reporting by Sethuraman NR; Editing by Savio D'Souza)

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Feb 4 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL LTD - TAX DEMAND REVISED TO 1.84 BILLION RUPEES AFTER RECTIFICATION ORDER

Source text: ID:nNSEbswbXR

Further company coverage: ADTB.NS

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Feb 3 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL DEC-QUARTER CONSOL NET PROFIT 7.08 BILLION RUPEES

• ADITYA BIRLA CAPITAL DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 93.81 BILLION RUPEES

Source text: ID:nNSEgppSH

Further company coverage: ADTB.NS

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Feb 1 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ASSESSING OFFICER STAYS OUTSTANDING TAX DEMAND OF 5.35 BILLION RUPEES OF UNIT

Further company coverage: ADTB.NS

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** Aditya Birla Capital ADTB.NS rises 3% to 172 rupees, PB Fintech PBFI.NS down 6.7% to 1,736 rupees

** Morgan Stanley downgrades PBFI to 'underweight' and upgrades ADTB to 'overweight'; PTs unchanged

** ADTB offers deep value after a 3-month correction, strong funding access, and good asset quality - MS

** Says, ADTB's low valuation seen as a safe entry point for investors

** Brokerage sees investor optimism for PBFI cooling as revenue growth slows; profit emergence weaker than expected

** Its core premium growth to moderate in FY26 after an estimated ~50% growth in FY25, leading to derating - MS

** Analysts' avg rating is "strong buy" for ADTB and "hold" for PBFI - data compiled by LSEG

** PBFI rose ~165% in 2024; ADTB gained ~6.9%

(Reporting by Yagnoseni Das in Bengaluru)

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Dec 24 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• INVESTS 229.4 MILLION RUPEES IN ADITYA BIRLA HEALTH INSURANCE

Source text: ID:nNSE6p0kzm

Further company coverage: ADTB.NS

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Dec 3 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• MADE INVESTMENT OF 3 BILLION RUPEES IN ADITYA BIRLA HOUSING FINANCE

Source text: ID:nNSE84NMr1

Further company coverage: ADTB.NS

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Nov 19 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL - MADE AN INVESTMENT OF 1 BILLION RUPEES IN SHARES OF ADITYA BIRLA CAPITAL DIGITAL

Source text: ID:nNSE1rtmct

Further company coverage: ADTB.NS

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Nov 8 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL - TAX DEMAND OF 4.65 BILLION RUPEES REMANDED MATTER BACK TO ASSESSING OFFICER

• ADITYA BIRLA CAPITAL - TAX DEMAND OF 4.65 BILLION RUPEES RELATED TO UNIT ADITYA BIRLA SUN LIFE INSURANCE

Source text: ID:nNSEbm2DWC

Further company coverage: ADTB.NS

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** Shares of Aditya Birla Capital ADTB.NS jump 5% to 215 rupees

** Holding co for Aditya Birla Group's financial services firms said its Q2 consol net profit rose 42% y/y, total rev grew 36%

** ADTB set for its best day since mid-August

** Stock sees busiest day since May, trading vols at 4x their 30-day avg

** Stock up nearly 29% YTD

(Reporting by Nishit Navin in Bengaluru)

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Sept 26 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL - INVESTS 5 BILLION RUPEES IN THE EQUITY SHARES OF ADITYA BIRLA FINANCE

• ADITYA BIRLA CAPITAL - INVESTMENT MADE ON RIGHTS BASIS IN ADITYA BIRLA FINANCE

Source text for Eikon: [ID:]

Further company coverage: ADTB.NS

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** Shares of Aditya Birla Capital ADTB.NS rise as much as 5.7% to 240 rupees

** The non-banking financial co gets RBI approval for merger with unit Aditya Birla Finance

** Stock above 200-day simple moving avgs since April 3, after Macquarie said ADTB will show strong growth in loans and earnings in next two years

** Avg rating of the 9 analysts is "strong buy" and median PT is 262.5 rupees, ~13% higher than current price - LSEG data

** Stock up 1.8%, extending YTD gains to ~39%; on track to gain for four consecutive years

(Reporting by Anuran Sadhu in Bengaluru)

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Sept 18 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• RECEIPT OF NO OBJECTION LETTER FROM RBI

• NO OBJECTION LETTER FOR PROPOSED AMALGAMATION OF ADITYA BIRLA FINANCE WITH CO

Source text for Eikon: [ID:]

Further company coverage: ADTB.NS

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Aug 30 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• COMPLETED SALE OF STAKE IN ADITYA BIRLA INSURANCE BROKERS

Source text for Eikon: ID:nNSE9Cl6Y9

Further company coverage: ADTB.NS

(Reporting by VijayDattaram Malkar)

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July 25 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• AGREEMENT TO SELL ADITYA BIRLA INSURANCE BROKERS EXTENDED TO SEPT 30

Further company coverage: ADTB.NS

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Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL- GOT NO OBJECTION FROM EXCHANGES ON AMALGAMATION OF ADITYA BIRLA FINANCE, CO

Source text for Eikon: ID:nBSE7FpPXQ

Further company coverage: ADTB.NS

May 31 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• ADITYA BIRLA CAPITAL LTD - UNIT INFORMED CO ABOUT PROPOSED INVESTMENT OF UPTO 5 BILLION RUPEES IN EQUITY SHARES OF IDFC FIRST BANK

Source text for Eikon: [ID:]

Further company coverage: ADTB.NS

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MUMBAI, April 16 (Reuters) - India's Aditya Birla group's credit, investment and insurance businesses are expected to grow 19%-21% in the next three to five years, the cement-to-retail conglomerate's chairman Kumar Mangalam Birla said on Tuesday.

(Reporting by Siddhi Nayak in Mumbai; Editing by Savio D'Souza)

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** Shares of non-banking financial company Aditya Birla Capital ADTB.NS up ~3% at 187.15 rupees

** Macquarie says ADTB expected to show strong growth in loans and earnings, driven by its lending and deposits businesses in the next few years; ADTB is its top pick in NBFC space

** Brokerage initiates coverage with "Outperform" rating, PT 230 rupees, a 26.5% premium to Monday's closing price

** Macquarie's PT second-highest on Street after Investec and JM Financial's PT of 240 rupees - LSEG data

** Access to competitive funding and strong SME business growth should drive profitability of co's NBFC/insurance businesses - brokerage

** Adds, availability of a large group ecosystem, diversified distribution mix to facilitate robust loan growth higher than peers such as Bajaj Finance BJFN.NS and Bajaj Finserv BJFS.NS

** Stock up 12.5% YTD, its fourth straight year of gains

(Reporting by Kashish Tandon in Bengaluru)

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March 18 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• APPROVED SALE OF SHARES UP TO 14.4 MILLION SHARES OF ADITYA BIRLA SUN LIFE AMC

• APPROVED SALE OF SHARES OF ADITYA BIRLA SUN LIFE AMC BY WAY OF AN OFFER FOR SALE

Further company coverage: ADTB.NS

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March 14 (Reuters) - Aditya Birla Capital Ltd ADTB.NS:

• CONTINUE TO EXPLORE VARIOUS OPTIONS FOR ACHIEVING MINIMUM PUBLIC SHAREHOLDING IN ADITYA BIRLA SUN LIFE AMC

Source text for Eikon: ID:nBSEyD36r

Further company coverage: ADTB.NS

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