Aditya Birla group considers demerger of Madura Fashion & Lifestyle into separate listed company – ET Retail

Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday announced that the group will evaluate the vertical demerger of Madura Fashion & Lifestyle business from ABFRL into a separate listed company. “The Board of Directors of Aditya Birla Fashion and Retail Ltd. (ABFRL), at its meeting today, has authorized the management of the Company to…

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