The B. K. Birla Group has increased its holding in Kesoram Industries after a rights issue. As per a stock exchange filing, the holding of the promoters and persons acting in concert has increased from 27.12 per cent of the pre-right share capital of 4,57,41,080 shares to 49.28 per cent of the post rights share capital of 10,97 ,68,650 shares. The rights issue came in the ratio of 7:5 at Rs.55 per share in June this year. A total of Rs.416 crore was raised, company officials told The Hindu . — Special Correspondent