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Allen Solly and Peter England

Aditya Birla Fashion shares jump 12% on Madura biz demerger plans

The stock climbed 16.86% to Rs 247.40 during the day on the BSE. It later ended at Rs 236.15, up 11.55%New Delhi: Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) on Tuesday ended 12% higher after the company...

ABFRL to demerge Madura business into separate listed entity

After the proposed demerger, ABFRL will raise growth capital within 12 months to strengthen its balance sheet and pursue the large growth opportunityNew Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday announced to demerge its fast fashion...
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