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Report: Aditya Birla Fashion and Retail in advance stages to acquire Wrogn
As per the report, USPL has been actively seeking a buyer for Wrogn
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CCI approves acquisition of TCNS Clothing by Aditya Birla Fashion
ABFRL is a listed company and is part of Aditya Birla group of companies and is engaged in retailing of branded products
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Aditya Birla Fashion to acquire 51% stake in TCNS Clothing for Rs 1,650 cr
On merger, shareholders of TCNS will receive 11 shares of ABFRL for every 6 shares that they hold in TCNS
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Aditya Birla Fashion and Retail net profit slumps to Rs 11.21 crore in Q3 FY23
However, its revenue from operations increased 20.1 per cent to Rs 3,588.80 crore during Q3 FY23
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