Aditya Birla Capital Ltd
Aditya Birla Capital Ltd (ABCL), engaged in the financial services businesses of Aditya Birla Group. The key solutions offered by the company include Protecting Solutions, Investing Solutions, and Financing Solutions. The above-mentioned solutions would meet the needs of its customers at every phase of their life.
Apart from it, it is one of the leading private diversified NBFC’s, largest private Life Insurance Companies, largest Asset Management Companies, and largest General Insurance Brokers in India.
History of Aditya Birla Capital Ltd
ABCL, the private limited company incorporated in the year 2007 under the Companies Act 1956. Then the name of the company was Aditya Birla Financial Services Private Limited. Reserve Bank of India issued the certificate of registration in 2009 to start the business as non-deposit taking NBFC.
The company changed from a private limited company to a public limited company during the year 2014. Around that time, the name of the company changed to ‘Aditya Birla Financial Services Limited’.
It has more than 10 years of experience in financial services since its inception. During this time period, the company emerged as one of the leading financial services players in India. In the year 2017, the company become a holding company of all the financial services businesses of the Aditya Birla Group. Moreover, the company renamed as ‘Aditya Birla Capital Limited’.
Aditya Birla Group, the Indian multinational conglomerate expands its operations around 34 countries with over 1,20,000 employees throughout the world. Around 50 per cent of its revenues flow from its overseas operations.
As of June 30, 2019, the company’s Assets Under Management (AUM) increased to Rs 3,000 plus billion. While the consolidated lending book rose to Rs 601 billion.
Board of Directors:
The board of directors of Aditya Birla Capital Ltd include Arun Kumar Adhikari, Puranam Hayagreeva Ravikumar, Subhash Chandra Bhargava, Vijayalakshmi Rajaram Iyer, Sailesh Kumar Daga, Kumar Mangalam Birla, Santrupt Misra, and Sushil Agarwal.