Aditya Birla Capital Appoints Vishakha Mulye as MD & CEO, Rakesh Singh as Executive Director & CEO (NBFC)

2 min read     Updated on 01 Sept 2025, 09:07 PM
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Overview

Aditya Birla Capital Limited (ABCL) appoints Vishakha Mulye as MD & CEO for a five-year term and Rakesh Singh as Executive Director and CEO of NBFC segment. Mulye, who joined ABCL in 2022, developed the 'One ABC, One P&L' strategy and oversaw significant achievements including raising Rs 4,500 crore in growth capital. Singh brings nearly three decades of financial services experience. The company also approved allotment of 2,60,685 equity shares under employee stock option schemes, increasing its paid-up equity share capital.

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*this image is generated using AI for illustrative purposes only.

Aditya Birla Capital Limited (ABCL) has announced significant leadership changes, appointing Vishakha Mulye as Managing Director and Chief Executive Officer for a five-year term, and Rakesh Singh as Executive Director and Chief Executive Officer of its Non-Banking Financial Company (NBFC) segment.

New Leadership at the Helm

The Board of Directors of Aditya Birla Capital, in a meeting held on September 1, 2025, approved the appointment of Vishakha Mulye as MD & CEO for a period of five years, from September 1, 2025, to August 31, 2030. Concurrently, Rakesh Singh has been appointed as Executive Director and CEO (NBFC) for a term ending on July 22, 2027. Both appointments are subject to shareholder approval.

Vishakha Mulye's Strategic Vision

Vishakha Mulye, who joined ABCL as a director in 2022, has been instrumental in shaping the company's growth trajectory. She developed the 'One ABC, One P&L' strategy, focusing on providing a unified customer experience across the company's diverse financial services offerings. Under her leadership, ABCL has expanded its portfolio across loans, investments, insurance, and payments.

Mulye's tenure has been marked by significant achievements, including:

  • Raising Rs 4,500.00 crore in growth capital through various financial instruments
  • Overseeing the amalgamation of Aditya Birla Finance Ltd. with ABCL
  • Developing an omnichannel D2C platform and the 'ABCD' mobile app for comprehensive financial solutions
  • Introducing 'Udyog Plus', a digital B2B lending platform for MSMEs

Rakesh Singh's Expertise in NBFC Sector

Rakesh Singh brings nearly three decades of experience in financial services to his new role. Since joining the Aditya Birla Group in 2011, he has been pivotal in driving growth in both the NBFC and Housing Finance sectors. Prior to this, Singh spent 16 years at Standard Chartered Bank, holding various leadership positions including Head of Mortgages Business in India and General Manager & Head of SME Banking for India and South Asia.

Market Response

The market responded positively to these appointments, with Aditya Birla Capital's shares closing 0.68% higher at Rs 280.00 on the Bombay Stock Exchange (BSE).

Additional Corporate Actions

In a separate announcement, ABCL's Stakeholders Relationship Committee approved the allotment of 2,60,685 equity shares on September 1, 2025. This allotment, made under the company's employee stock option schemes, will increase ABCL's paid-up equity share capital to Rs 26,12,38,97,350.00, consisting of 2,61,23,89,735 equity shares of face value Rs 10.00 each.

These strategic appointments and corporate actions underscore Aditya Birla Capital's commitment to strengthening its leadership and expanding its presence in the financial services sector.

Historical Stock Returns for Aditya Birla Capital

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Aditya Birla Capital Injects ₹250 Crore into Housing Finance Arm

1 min read     Updated on 31 Aug 2025, 02:25 PM
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Ashish ThakurScanX News Team
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Overview

Aditya Birla Capital Limited (ABCL) has invested ₹249.99 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL), on a rights basis. The investment aims to fund ABHFL's growth and improve its leverage ratio. The transaction doesn't change ABHFL's ownership structure, which remains a 100% subsidiary of ABCL. The investment complies with SEBI regulations and is expected to be completed by August 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Aditya Birla Capital Limited (ABCL) has announced a significant investment of ₹250 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). This strategic move aims to bolster the growth of its housing finance arm and improve its leverage ratio.

Investment Details

The investment, made on a rights basis, involves the subscription of equity shares in ABHFL. According to the company's regulatory filing, the exact amount invested is ₹249.99 crore.

Ownership Structure

Despite this substantial capital infusion, there is no change in the ownership structure of ABHFL. The company continues to operate as a 100% subsidiary of Aditya Birla Capital, maintaining the existing shareholder dynamics.

Regulatory Compliance

The investment adheres to the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. ABCL has duly informed the stock exchanges about this transaction, ensuring transparency in its operations.

Strategic Objectives

The primary objectives of this investment, as stated by Aditya Birla Capital, are:

  1. To fund the growth of Aditya Birla Housing Finance Limited
  2. To improve ABHFL's leverage ratio

This move underscores ABCL's commitment to strengthening its position in the housing finance sector, which continues to be a key focus area for the company.

Transaction Details

Aspect Detail
Nature of Transaction Related party transaction (arm's length)
Industry Housing Finance
Regulatory Approvals Not applicable
Completion Date August 30, 2025
Mode of Investment Cash consideration

About Aditya Birla Housing Finance Limited

ABHFL, incorporated as a wholly-owned subsidiary of Aditya Birla Capital, operates in the housing finance sector. The company plays a crucial role in ABCL's diverse financial services portfolio, contributing to its presence in the growing housing finance market in India.

This strategic investment by Aditya Birla Capital demonstrates its continued focus on expanding its housing finance business and its commitment to supporting the growth initiatives of its subsidiaries.

Historical Stock Returns for Aditya Birla Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+1.94%-1.64%+2.87%+56.87%+33.46%+382.73%
Aditya Birla Capital
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