ABFRL board approves vertical demerger of Madura Fashion and Lifestyle biz
The company’s promoter group will fully support the proposed equity raise, ABFRL said in its release
Aditya Birla Fashion to demerge Madura Fashion business into separate listed entity
The decision seeks to create two distinct growth engines with well-defined capital structures and value creation trajectories, the…
ABFRL proposes demerger of Madura Fashion into separate listed entity
The proposed demerger will help create two separately-listed companies as independent growth engines with distinct capital structures