Pursuant to Regulation 30 of the Listing Regulations, Aditya Birla Capital has informed that the Company and Aditya Birla ARC have executed agreements on August 29, 2018 to enter into a strategic joint venture with Varde Partners (Viirde) and create a joint platform to pursue investments in stressed and distressed assets in India. The Varde Partners organisation is a global investment adviser focused on credit and value investing strategies.
The above information is a part of company’s filings submitted to BSE.
