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   What is ABCL & abfl merger?

   • Subscribe to and read the online. Aditya Birla Capital Limited (ABCL) and Aditya Birla Finance (ABFL) have approved the Scheme of Amalgamation (Scheme) to create a large unified operating NBFC. The merger will result in a reduction of legal entities and simplification of the group structure of Aditya Birla Capital.

   aditya birla merger: Aditya Birla Capital, Aditya Birla Finance

   economictimes.indiatimes.com/industry/banking/finance/aditya-birla-capital-aditya-birla-finance-announce-a-scheme-of-amalgamation-for-creation-of-a-large-nbfc/articleshow/108396997.cms

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   What does ABCL stand for?

   • Representative image. The Boards of Aditya Birla Capital Limited (ABCL) and Aditya Birla Finance (ABFL) on Monday approved the Scheme of Amalgamation (Scheme) of the two companies, to further create a large unified operating NBFC.

   aditya birla merger: Aditya Birla Capital, Aditya Birla Finance

   economictimes.indiatimes.com/industry/banking/finance/aditya-birla-capital-aditya-birla-finance-announce-a-scheme-of-amalgamation-for-creation-of-a-large-nbfc/articleshow/108396997.cms

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   Is abfl a holding company?

   • Also, Aditya Birla Capital, the parent entity of ABFL, is a holding company. It thus suffers from a holding company discount and doesn’t get the desired valuation in the public markets. ABFL’s merger into ABCL will simplify the group structure and convert ABCL into a listed operating NBFC from a holding company.

   Aditya Birla Capital merger: Reasons and perceived benefits

   www.icicidirect.com/research/equity/finace/aditya-birla-capital-merger-reasons-and-perceived-benefits

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   Why did ABCL merge?

   • ABCL's move to consolidate its financial services under one roof comes as part of a larger strategy to improve operational efficiency and enhance value for shareholders. With the merger, ABCL aims to create a more unified structure, simplifying business processes and improving capital allocation across its subsidiaries.

   RBI approves Aditya Birla Capital’s amalgamation of Aditya Birla

   www.cnbctv18.com/market/rbi-approves-aditya-birla-capitals-amalgamation-of-aditya-birla-finance-19478637.htm

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2. economictimes.indiatimes.com › industry › bankingaditya birla merger: Aditya Birla Capital, Aditya Birla ...

   economictimes.indiatimes.com › industry › banking

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   Mar 11, 2024 · Aditya Birla Capital Limited (ABCL) and Aditya Birla Finance (ABFL) have approved the Scheme of Amalgamation (Scheme) to create a large unified operating NBFC. The merger will result in a reduction of legal entities and simplification of the group structure of Aditya Birla Capital.

3. www.icicidirect.com › research › equityAditya Birla Capital merger: Reasons and perceived benefits

   www.icicidirect.com › research › equity

   • Cached

   Mar 29, 2024 · ABFL’s merger into ABCL will simplify the group structure and convert ABCL into a listed operating NBFC from a holding company. The merger will dissolve the holding company discount that ABCL suffers from and earn it the right valuations.

4. www.cnbctv18.com › market › rbi-approves-adityaRBI approves Aditya Birla Capital’s amalgamation of Aditya ...

   www.cnbctv18.com › market › rbi-approves-aditya

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   Sep 18, 2024 · Aditya Birla Capital Limited (ABCL) announced on 18 September 2024, that it has received a ‘no objection’ letter from the Reserve Bank of India (RBI) for the proposed amalgamation of its wholly owned subsidiary, Aditya Birla Finance Limited (ABFL), with the parent company.

5. www.indiainfoline.com › news › businessRBI Approves Aditya Birla Capital's Merger with ABFL

   www.indiainfoline.com › news › business

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   Sep 19, 2024 · Aditya Birla Capital Limited (ABCL) announced on 18 September 2024 that it received a ‘no objection’ letter from the Reserve Bank of India (RBI) for the proposed merger of its subsidiary,...

6. timesofindia.indiatimes.com › business › indiaAditya Birla Finance to merge with parent to comply with RBI ...

   timesofindia.indiatimes.com › business › india

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   Mar 11, 2024 · Mumbai: Aditya Birla Capital Limited’s board has approved the merger of Aditya Birla Finance with itself. The move is aimed at complying with Reserve Bank of India’s scale-based regulation for NBFCs where large finance companies must be listed.

7. www.adityabirlacapital.com › - › mediaPRESS RELEASEPRESS RELEASE - Aditya Birla Capital

   www.adityabirlacapital.com › - › media

   Aditya Birla Capital Ltd. announces amalgamation of Aditya Birla Finance Ltd., its wholly owned subsidiary, with itself; will create a large unified operating NBFC. tya Birla Capital Limited. The amalgamation is subject to regulatory and other ap.

8. upstox.com › news › market-newsMerger of Aditya Birla Capital and Aditya Birla Finance ...

   upstox.com › news › market-news

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   Boards of both Aditya Birla Capital Ltd (ABCL) and Aditya Birla Finance Ltd (ABFL) approved the merger deal on March 11. The proposed amalgamation is expected to take 9-12 months to complete.