Kumar Mangalam Birla receives Padma Bhushan award

Kumar Mangalam Birla receives Padma Bhushan award

Chairman of Aditya Birla Group Kumar Mangalam Birla receiving the Padma Bhushan award from President of India Droupadi Murmu. Industrialist and Chairman of Aditya Birla Group Kumar Mangalam Birla was on Wednesday conferred the Padma Bhushan award by President of India Droupadi Murmu at a ceremony in the Rashtrapati Bhavan. In a statement, Mr. Birla […]

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Grasim earmarks ₹3,117 crore in FY23 capex for existing business: Birla

Grasim earmarks ₹3,117 crore in FY23 capex for existing business: Birla

Grasim Industries, the flagship company of Aditya Birla Group, would invest ₹3,117 crore in its existing businesses in FY23, its Chairman Kumar Mangalam Birla said on August 29. This investment would be towards capacity creation and modernisation of plants. “For FY23, your company has earmarked ₹3,117 crore for the existing lines of businesses excluding the […]

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GIC arm to invest ₹2,195 crore in Aditya Birla Fashion & Retail

GIC arm to invest ₹2,195 crore in Aditya Birla Fashion & Retail

The board of Aditya Birla Fashion and Retail Limited (ABFRL) on Tuesday approved raising of up to ₹2,195 crore by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund (GIC) GIC will invest ₹770 crore now towards subscription of equity and warrants, followed by up to ₹1,425 […]

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