Aditya Birla Capital Limited has announced plans to raise Rs 4,000 crore in fresh equity capital to strengthen its balance sheet and support future growth across its financial services businesses.

The company’s board approved a preferential share issue worth Rs 2,880 crore to promoter Grasim Industries Limited, Rs 200 crore to Singapore-based Suryaja Investment Pte Limited, and Rs 920 crore to the International Finance Corporation (IFC).

The shares will be issued at Rs 356.02 apiece, subject to shareholder and regulatory approvals under SEBI rules.

The Mumbai-headquartered financial services group said the funds would be used to expand its lending operations, strengthen capital reserves and support investments in subsidiaries and associated businesses.

Chairman Kumar Mangalam Birla said financial services were becoming increasingly important to India’s economic transformation, particularly in expanding financial inclusion and supporting formalisation of the economy.

He said the company had built a diversified financial platform backed by technology and disciplined execution, positioning it for the next phase of growth in India’s financial sector.

Managing Director and Chief Executive Vishakha Mulye said the capital infusion would help the company deepen customer engagement and expand digital-first offerings.

She added that nearly 57% of the company’s loan book consisted of business loans to small and medium-sized enterprises (SMEs), underlining its focus on inclusive growth.

IFC Regional Vice President Sarvesh Suri said the partnership aimed to improve access to responsible financing for entrepreneurs and small businesses in India.

Between FY23 and FY26, Aditya Birla Capital’s lending portfolio grew at a compound annual growth rate of 30% to more than Rs 2 lakh crore, while consolidated profit after tax rose 23% annually to Rs 3,797 crore in FY26.