CCI clears Indriya’s 14.286% stake acquisition in Aditya Birla Housing Finance

April 7, 2026 : The Competition Commission of India (CCI) has approved the proposed acquisition of a 14.286% stake in Aditya Birla Housing Finance Limited by Indriya Limited, finding no competition concerns arising from the transaction.

The approval was communicated through a press release dated April 7, 2026, with the regulator noting that a detailed order will follow.

The proposed combination involves the acquisition of equity shares by Indriya Limited through a preferential issue on a private placement basis. The stake represents 14.286% of the post-issue paid-up equity share capital of Aditya Birla Housing Finance Limited on a fully diluted basis.

Indriya Limited, the acquirer, is an investment holding company and currently has no operational presence in India. On the other hand, Aditya Birla Housing Finance Limited is a housing finance company registered with the National Housing Bank as a non-deposit taking institution. It is engaged in providing home loans, loans against property, construction finance, and lease rental discounting services in India.

After assessing the structure of the transaction and the business activities of the parties, the Commission concluded that the proposed combination is unlikely to cause any appreciable adverse effect on competition in the relevant market in India, and accordingly granted its approval.