January 30, 2015 7:05 AM ET

Industrial Conglomerates

Company Overview of Aditya Birla Management Corporation Pvt. Ltd.

Company Overview

Aditya Birla Management Corporation Pvt. Ltd., through its subsidiaries, engages in non-ferrous metals, cement, textile, chemicals, agri-business, carbon black, mining, ferro chemical, wind power, insulators, telecommunications, financial services, retail, and trading businesses in India and internationally. It offers aluminum and copper products, coal, iron ore, primary metal and fabricated products, foils, sheet rolling, sulphuric acid, DAP and complexes, precious metals, and aerospace alloys; grey and white cement, and ready-mix concrete products; textile products, such as pulp, fiber, yarn, fabric, and apparel; and rubber carbon and specialty blacks. The company also provides fertilizers...

Aditya Birla Centre

3rd Floor

S.K. Ahire Marg

Worli

Mumbai,  400 030

India

Founded in 1857

Phone:

91 22 6652 5000

Fax:

91 22 6652 5741

Key Executives for Aditya Birla Management Corporation Pvt. Ltd.

Chief Executive Officer
Director of Financial Services and Director
Age: 49
Chief Technology Officer and Chief Executive Officer of Aditya Birla Science and Technology Company Limited
Director of Human Resources
Age: 48
Chief Executive Officer of Novelis Inc and President of Novelis Inc
Age: 54
Compensation as of Fiscal Year 2014.

Aditya Birla Management Corporation Pvt. Ltd. Key Developments

Birla Receives Offer For Stake Sale In Retail Ventures

Aditya Birla Management Corporation Pvt. Ltd. (Aditya Birla Group) is not happy with the offers it has received from private equity firms such as LVMH Moet Hennessy Louis Vuitton SA's (ENXTPA:MC) L Capital for a stake in its proposed holding company for all its retail ventures. Birla is looking to sell 10% each in the new company to two private equity firms for $400 million. According to sources, L Capital has put in the final bid for the 10% stake at less than $200 million. International Finance Corporation is having discussions with Birla on valuations and in the process of putting its final bid, sources said. Another suitor Temasek Holdings (Private) Limited is yet to put in its bid. "IFC is also negotiating with Birlas on the valuations. Birlas are not certainly happy with valuations they have received till now," said the source. However, the source dismissed the rumors that the deal would be called off. "The deal is on track. Birlas need money to reduce debt in More and in Pantaloons," he said. When contacted, the Aditya Birla spokesperson declined to comment, Business Standard reported.

Aditya Birla To Acquire Stemcor Indian Assets

Aditya Birla Management Corporation Pvt. Ltd. is planning to acquire Indian assets of Stemcor Holdings Limited. There is no guarantee that these discussions will result in a definitive transaction, according to the people cited earlier. Spokesperson of Birla Group said that the group does not comment on market speculation and spokesperson for Stemcor in London said, "The regulatory environment in Odisha is currently quite complicated so our discussions with third parties are on hold until the situation is resolved. There is no timeline attached to the sale of our Indian assets. All of that said, they are very valuable assets and continue to attract interest. We don't comment on any specific approaches or dialogue."

Aditya Birla Group Presents at Morningstar Investment Conference - Mumbai, Nov-11-2014 04:50 PM

Aditya Birla Group Presents at Morningstar Investment Conference - Mumbai, Nov-11-2014 04:50 PM. Venue: Grand Hyatt Mumbai, Western Express Hwy, Santacruz East Mumbai 400055, Maharashtra, India. Speakers: Bharat Banka, Senior President.

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