According to media reports, Aditya Birla Capital will lower its stake in the fund house to 45 per cent, while Sun Life AMC could trim it down to 30 per cent. While the former currently owns a 49.99 per cent stake, Sun Life (India) AMC Investments has a 36.48 per cent stake
Q3 results today: Over 900 companies including Aditya Birla Sun Life AMC, Adani Green Energy, Bajaj Finance, BEL, GAIL, ITC, L&T, Marico, NTPC, PEL, SRF Ltd, Sun Pharma, Tata Motors, and UPL are slated to unveil their Q4 results 2024 on January 29.
Aditya Birla Sun Life AMC one of the top asset managers in India served more than 8.01 million investor folios for the quarter ending December 31, 2022, with a pan-India presence across 290+ locations and a total AUM of more than Rs. 2,930 billion.
Aditya Birla Sun Life AMC files papers with Sebi for IPO
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Last Updated: Apr 20, 2021, 04:56 PM IST
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Aditya Birla Capital on Tuesday said its arm Aditya Birla Sun Life AMC has filed a draft red herring prospectus (DRHP) with capital markets regulator Sebi to launch its initial public offering (IPO).
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Aditya Birla Capital on Tuesday said its arm Aditya Birla Sun Life AMC has filed a draft red herring prospectus (DRHP) with capital markets regulator Sebi to launch its initial public offering (IPO). Aditya Birla Sun Life AMC Ltd (ABSLAMC), a material subsidiary of Aditya Birla Capital, filed a draft red herring prospectus (DRHP) dated 19th April 2021 with the Securities and Exchange Board of India for an initial public offering by way of an offer for sale (IPO) of shares of ABSLAMC, subject to relevant approvals as required, Aditya Birla Capital said in a regulatory filing.