HDFC AMC Q1 PAT rises 9% QoQ to Rs 345 cr business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
HDFC AMC rises over 2% in four sessions business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
HDFC AMC Q4 PAT up 26% YoY business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Aditya Birla Capital board gives nod to explore IPO for mutual fund arm
March 17, 2021
×
Aditya Birla Sun Life AMC had an average AUM of ₹2.55-lakh crore in the quarter ended Dec Aditya Birla Capital plans to spin off its mutual fund subsidiary into a separate entity and list it on the stock exchange soon.
The Board of Directors has provided in-principle approval to explore an initial public offering (IPO) of Aditya Birla Sun Life Asset Management Company, a material subsidiary of the company, subject to market conditions, receipt of applicable approvals and other considerations, said Aditya Birla Capital in a statement on Wednesday.