A unit of Indian billionaire Kumar Mangalam Birla’s conglomerate has received as much as 240 billion rupees ($2. 5 billion) in commitments from at least four banks for an acquisition loan, 70% more than what it was planning for, according to people familiar with the matter.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-03/billionaire-birla-unit-s-buyout-loan-draws-2-5-billion-in-bids)