Aditya Birla Capital offloaded a 14.3% stake in its housing finance subsidiary, Aditya Birla Housing Finance Limited (ABHFL), to Indriya Limited for Rs 2,750 crore. The board approved the allotment of 12.3 crore equity shares at Rs 223.12 each through a preferential issue on April 17. This transaction draws global private equity into India's competitive housing finance sector at a time when financial firms seek capital for expansion amid regulatory pressures.