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 20, 2024 - 05:00
ABFRL board nod to demerge Madura Fashion & Lifestyle biz

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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.
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