Private Equity

Liquidity Events

Advent sells 0.9% stake in Aditya Birla Capital through block deals for Rs.568-Cr

Business Standard  

Jomei Investments, an affiliate of private equity firm Advent International, has sold 0.9 % stake in Aditya Birla Capital via block deals. The firm sold 23.4 million shares at INR 242.65 apiece to mop up INR 568 crore. Among the buyers were Mirae Asset Mutual Fund, Motilal Oswal MF and HSBC MF.At the end of March 2025 quarter, Jomei held 3.84 % stake in the Birla group firm.

In Sep-19, Aditya Birla Capital had attracted INR 1,000 Cr from Advent International, via a preferential allotment.