Aditya Birla Capital has said it will utilise Rs 3,500 crore from its recently announced fundraise to drive lending business growth.

The company also proposes to utilise another ₹500 crore for general corporate purposes, including investment in its subsidiaries, the company has said in a regulatory filing.

Earlier this week, the financial services arm of Aditya Birla Group announced a ₹4,000 crore preferential issue of equity shares to the group companies and International Finance Corporation (IFC).

The company's promoter Grasim Industries Ltd, will infuse ₹2,880 crore in the proposed fund raise, while ₹200 crore will come from promoter group company Suryaja Investment Singapore. The remaining ₹920 crore will come from IFC.

The company will seek shareholders' approval for the fundraise at its extraordinary general meeting scheduled on June 12, 2026, the company said in a late-evening filing on Thursday.

Aditya Birla Capital is a diversified financial services company present in lending, investments, insurance and payments.

The total lending portfolio crossed over ₹2 lakh crore and the combined assets under management of the asset management and insurance businesses stood at ₹5.9 lakh crore in FY26.

Published on May 22, 2026