References in periodicals archive ?
In accordance with the agreement, ABNL and the Abraaj affiliate will hold 51 per cent and 49 per cent of the paidup share capital respectively in Aditya Birla Renewables Limited, currently a wholly- owned subsidiary of ABNL, the statement said.
Once the deal is completed, Sun Life will raise is stake in BSLI from current 26 percent to 49 percent while ABNL will continue to be the controlling stakeholder at 51 percent.
On completion of the transaction, Sun Life's stake in BSLI will increase from current 26% to 49% while ABNL will continue to hold the controlling stake at 51%.