Aditya Birla Finance to merge with dad or mum in 12 months

The board of Aditya Birla Capital on Monday introduced the merger of wholly-owned subsidiary Aditya Birla Finance with itself to create a big unified working NBFC, with the merger anticipated to be accomplished in 9-12 months. The merger is being proposed to consolidate the enterprise and variety of entities, rationalise and simplify the Group construction, … Read more