ABFRL

Aditya Birla Fashion to raise Rs 2000 crore from Singapore firm

Fashion retailer Aditya Birla Fashion and Retail (ABFRL) on Tuesday said its board has approved raising Rs 2,195 crore of primary capital from Singapore’s GIC sovereign wealth fund.

published on : 25th May 2022

Aditya Birla Fashion to raise Rs 2,195 crore from GIC

The board of the Aditya Birla group firm has approved the proposal to raise Rs 2,195 crore by way of preferential issue of equity and warrants to an affiliate of GIC, a joint statement said.

published on : 24th May 2022

Aditya Birla Fashion to pick up 51% stake in Masaba brand

This acquisition also marks ABFRL’s entry into the beauty & personal care market.

published on : 15th January 2022