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Aditya Birla Fashion to demerge Madura Fashion business into separate listed entity

2 April 2024 3:27 PM GMT
The decision seeks to create two distinct growth engines with well-defined capital structures and value creation trajectories, the company said

ABFRL proposes demerger of Madura Fashion into separate listed entity

1 April 2024 4:29 PM GMT
The proposed demerger will help create two separately-listed companies as independent growth engines with distinct capital structures