India: Aditya Birla Capital, Sun Life to sell stake in asset management biz IPO

India: Aditya Birla Capital, Sun Life to sell stake in asset management biz IPO

Kumar Mangalam Birla, Chairman, Aditya Birla Group. Photo: Mint

Aditya Birla Capital Ltd and Sun Life (India) AMC on Wednesday said that they will together sell a 13.5% stake in their asset management joint venture – Aditya Birla Sun Life AMC Ltd.