The fundraise includes ₹3,080 crore from promoter group entities and ₹920 crore from the International Finance Corporation. The shares will be issued at ₹356.02 apiece, subject to shareholder and regulatory approvals.

Aditya Birla Capital plans to raise ₹4,000 crore through a preferential issue to strengthen its capital base for growth.

The Board of Directors of Aditya Birla Capital Ltd (ABCL) approved preferential issuance of ₹2,880 crore to Grasim Industries Ltd (Promoter), ₹200 crore to Suryaja Investment Pte…