Fund raise of Rs 2,100 crore meets our requirement for the next 18–24 months, says AB Capital

CNBC-TV18 2019-09-05

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Aditya Birla Capital raises 2 thousand 1 hundred crores via preferential issue to advent international, Premji-Invest and Grasim and other promoter group holding companies. Promoter group's stake in AB Capital will now come down to 70.54 percent from 72.74 percent. Nisha Poddar caught up with Ajay Srinivasan, CEO of the company to get the details.

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