Aditya Birla Asset Reconstruction Company Limited (ARC)

Aditya Birla Asset Reconstruction Company Limited (ABARC)

Aditya Birla ARC Limited (ABARC), a subsidiary of Aditya Birla Capital Ltd (ABCL), was incorporated on March 10, 2017 and received its license from the RBI to commence the business of securitisation and asset reconstruction under Section 3 of the SARFAESI Act, 2002 in March 2018. The net worth of ABARC as of March 31, 2023 is Rs 201.01 crore and its revenue as of March 31, 2023 is Rs 85.82 crore.

ABARC primarily focuses on acquiring non-performing assets (NPA) in accordance with the extant RBI regulations. We are providing comprehensive solutions to large and medium stressed assets.

ABARC is a joint venture with Värde Partners of the US to capitalise on the large opportunity in the distressed assets space, especially in the mid-corporate segment. On receipt of necessary approvals, both parties will jointly own and control the platform, which will leverage ABCL’s expertise in the financial services domain, the Aditya Birla Group’s wide operational experience across sectors and Värde’s established capabilities in global credit and value investing strategies.

Aditya Birla Capital Limited ("ABCL") is the holding company for the financial services businesses of the Aditya Birla Group.

With subsidiaries/JVs that have a strong presence across Protecting, Investing and Financing solutions, ABCL is a financial solutions group that caters to the diverse needs of its customers across their life cycle. Powered by more than 34,000 employees, the businesses of ABCL have a nationwide reach with over 1,295 branches, more than 2,00,000 agents/channel partners and various bank partners.

As of March 31, 2023, Aditya Birla Capital Limited manages aggregate assets under management of about Rs. 3,600 billion with a consolidated lending book of approx. Rs. 943 billion, and an active customer base of approx. 38 million, through its subsidiaries and joint ventures.

Aditya Birla Capital Limited is a part of the Aditya Birla Group, which is in the league of Fortune 500. Anchored by an extraordinary force of over 140,000 employees, belonging to 100 nationalities, the Aditya Birla Group operates in 36 countries across the globe.

About Värde Partners
Värde Partners is a leading global alternative investment firm with roots in credit. For more information, please visit www.varde.com.