Confident of good returns from AB Capital investment in 3-5 years, says Advent
Aditya Birla Capital raises Rs 2,100 crore via preferential issue to Advent International, Premji-Invest and Grasim and other promoter group holding companies. Promoter group's stake in AB Capital will now come down to 70.54 percent from 72.74 percent. Nisha Poddar caught up with Shweata Jalan, managing director of Advent in India. She shared her views and outlook.