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Aditya Birla Money Ltd. Company History and Annual Growth Details

About Aditya Birla Money:

Aditya Birla Money is a single brand offering the combined products and services of Aditya Birla Money Limited (formerly Apollo Sindhoori Capital Investments Limited) and Aditya Birla Money Mart Limited (formerly Birla Sun Life Distribution Company Limited).

Aditya Birla Money Limited is a broking and distribution player, offering Equity and Derivative trading through NSE and BSE and Currency derivative on MCX-SX. It is registered as Depository Participant with both NSDL and CDSL and provides commodity trading on MCX and NCDEX through its subsidiary company.

Aditya Birla Money will also provide a range of other products from Aditya Birla Money Mart Limited like company deposits, mutual funds, insurance, structured products, alternate investments and has a premier wealth management service arm to cater to HNI customers.

These offerings are delivered through a strong pan India distribution network of over 1148 own and sub broker branches, a robust online and offline model with a strong technology backbone to a large customer base, in excess of 4 lacs.

About Aditya Birla Financial Services Group:

The Aditya Birla Financial Services Group (ABFSG) has built a significant presence across its verticals, viz life insurance, asset management, NBFC, private equity, broking, general insurance advisory services and wealth management & distribution.

The ABFSG is committed to being a leader and role model in a broad based and integrated financial services business. Its 7 lines of businesses, with about 5.5 million customers manages assets worth USD 20 billion approximately and prides itself for having a talent pool of over 15,000 committed employees. ABFSG has its wings spread across more than 500 cities in India through over 1600 points of presence and about 200,000 channel partners. This allows ABFSG to offer its customers virtually anything other than a savings or current account. With revenue of over USD 1.25 billion (in 2009-2010) ABFSG is a significant non bank player.

ABFSG is a part of Aditya Birla Nuvo Ltd (ABNL), a USD 3.5 billion conglomerate having leadership position across its manufacturing as well as services sector businesses. ABNL is a part of the Aditya Birla Group, a USD 29 billion Indian business house operating in 26 countries across the globe.

2006

-Aditya Birla Money has given the Bonus in the Ratio of 1:1

2008

-Company has splits its Face value of Shares from Rs 10 to Re 1

2009

-Company has changed its name from Apollo Sindhoori Capital Investments Ltd. to Aditya Birla Money Ltd.

2010

-Aditya Birla Money collaborates with IHO to launch new health card

-Aditya Birla Money appoints Vivek Mahajan as Research Head

2011

-Allahabad Bank and Aditya Birla Money enter into a strategic tie-up.

-Registered Office of the Company has been shifted From Ali Towers, No. 55, Greams Road, Chennai - 600006 To Indian Rayon Compound, Veraval -362266, Gujarat.

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