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MADURA BUSINESS DEMERGER
Aditya Birla Fashion demerger record date on Thursday. 6 key things to knowAditya Birla Fashion & Retail traded ex-demerger ahead of the May 22 record date. Shareholders on record will receive shares of Aditya Birl...
Aditya Birla Fashion to raise $500m via QIP, preferential issueAditya Birla Fashion and Retail will raise $500 million through a mix of preferential issuance and QIP to reduce debt and boost growth. Adi...
ABFRL to raise $500 million through preferential issue and QIPThe preferential issuance of $275 million will be led by the promoter group investing $150 million and Fidelity Investments investing $125 ...
Aditya Birla Fashion approves Madura business demerger into separate listed entityUnder the proposal, a vertical demerger of Madura Fashion and Lifestyle business will be executed and newly incorporated company named as A...
ABFRL to raise Rs 2500 crore after dermerging Madura business into new separate listed entity Aditya Birla Lifestyle BrandsABFRL plans to raise Rs 2500 crore by splitting its retail business, creating ABLBL with brands like Louis Phillippe, Peter England, and Sa...
Aditya Birla Fashion shares zoom 10% on demerger newsABFRL shares surged 10% on BSE as plans for Madura Fashion & Lifestyle's demerger into a separate entity were disclosed. The move aims to c...
Aditya Birla group considers demerger of Madura Fashion & Lifestyle into separate listed companyAditya Birla Fashion and Retail Ltd. (ABFRL) announced on Monday its intention to assess the vertical demerger of its Madura Fashion & Life...
Aditya Birla Fashion to demerge lifestyle business, list it on exchangesThe proposed demerger and subsequent listing will enable the companies function as independent growth engines with distinct capital structu...
Pantaloons changes its name to Aditya Birla Fashion and RetailPantaloons Fashion & Retail, which was acquired by Aditya Birla Nuvo, announced change in its name to 'Aditya Birla Fashion and Retail Ltd'.
Pantaloons Fashion fixes record date for scheme of mergerRecord Date for determining the entitlement of the equity shareholders of Aditya Birla Nuvo upon merger of Aditya Birla Group's apparel bus...
Aditya Birla Nuvo board approves termination of GDR issue by PantaloonsAditya Birla Nuvo board approved termination of plans to issue GDRs by group firm Pantaloons as envisaged under a merger scheme to consolid...
Pantaloon Fashion Retail a better bet than AB Nuvo for investorsStrong cash flows from Madura and other apparel brands will help Pantaloon’s business to grow which is struggling with cash flows for growt...
Aditya Birla Group stocks jump up to 20% on apparel business mergerShares of Pantaloons Fashion & Retail and Aditya Birla Nuvo today gained up to 20 per cent, a day after Aditya Birla Group merged its appar...
Aditya Birla Group proposes 4-way recast plan to merge retail businessThe group had been in talks to sell stake in the consolidated retail business to L Capital, Temasek and IFC and raise $500 million to fuel ...
Aditya Birla Group likely to merge retail business, create one listed companyKM Birla's company may be expecting to raise about Rs 3,000 cr by selling close to 20% stake in the retail business to at least two private...
Aditya Birla Group to merge all retail businesses to create one listed companyAditya Birla Group has initiated first step to unlock value in retail biz. It is in talks with large private equity players like KKR, Carly...
- Aditya Birla Nuvo to invest Rs 1,600 crore in Pantaloon stores
Future Group said Aditya Birla Nuvo will infuse Rs 1,600 cr into its flagship 'Pantaloon' and will acquire a majority stake in the store ch...