ABFRL board nod to demerge Madura Fashion & Lifestyle biz

ABFRL approves demerger of Madura Fashion & Lifestyle, plans Rs 2,500 crore equity raise via NCLT scheme. Identical shareholders post-demerger for value creation in business segments.

Apr 19, 2024 - 23:00
ABFRL board nod to demerge Madura Fashion & Lifestyle biz
ABFRL approves demerger of Madura Fashion & Lifestyle, plans Rs 2,500 crore equity raise via NCLT scheme. Identical shareholders post-demerger for value creation in business segments.