Current Affairs - Business - Discussion

Aditya Birla Capital Limited (ABCL) has merged with its fully owned NBFC subsidiary, Aditya Birla Finance Ltd. (ABFL), effective from April 1, 2025. This strategic merger aims to simplify the corporate structure, improve operational efficiency, and strengthen financial stability. The merger received necessary approvals from regulatory bodies like SEBI, RBI, and NCLT, along with shareholders and creditors. The leadership transition includes Ms. Vishakha Mulye as MD & CEO and Mr. Rakesh Singh as Executive Director & CEO (NBFC), marking a significant step in ABCL’s growth trajectory in the financial services sector.