Aditya Birla Fashion and Retail board approves fundraising through issuance of preferential shares
6 hours, 4 minutes ago

Aditya Birla Fashion and Retail board approves fundraising through issuance of preferential shares

Live Mint  

Aditya Birla Fashion and Retail Ltd. announced that its board has approved a plan to raise substantial funds through the issuance of equity shares on a preferential basis. Under the approved plan, ABFRL intends to issue up to 4,08,72,580 equity shares under the promoter/promoter group category. Additionally, the company plans to issue up to 3,96,97,838 equity shares to qualified institutional buyers under the non-promoter category. These shares, also carrying a face value of ₹10 each, will be offered at ₹272.37 per share, inclusive of a premium of ₹262.37 per share.

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Aditya Birla Fashion share price today jumps 15%. Here's why
9 months, 1 week ago

Aditya Birla Fashion share price today jumps 15%. Here's why

Hindustan Times  

Aditya Birla Fashion share price: Aditya Birla Fashion and Retail share price rose 15 per cent today after the company's board authorised the management to evaluate demerger of Madura Fashion & Lifestyle business from ABFRL into a separate listed company. Aditya Birla Fashion & Retail traded at ₹237.70, up 12.28 percent on the BSE, today and touched an intraday high …

Aditya Birla Cap to raise ₹ 1,250 crore
1 year, 7 months ago

Aditya Birla Cap to raise ₹ 1,250 crore

Live Mint  

Aditya Birla Capital Ltd, the holding company of the group’s financial services business, on Thursday said it plans to raise ₹1,250 crore through a preferential issue of shares to its promoter and promoter group companies. The shares will be sold to promoter Grasim Industries Ltd and promoter group entity Surya Kiran Investments Pte Ltd, according to an exchange filing. Under …

CCI Approves Acquisition of 7.49% Stake In Aditya Birla Fashion by GIC Affiliate
2 years, 4 months ago

CCI Approves Acquisition of 7.49% Stake In Aditya Birla Fashion by GIC Affiliate

News 18  

The Competition Commission of India on Tuesday said it has approved the acquisition of about 7.49 per cent stake in Aditya Birla Fashion and Retail by Caladium Investment, a GIC investor. “Commission approves acquisition of approximately 7.49% shareholding in Aditya Birla Fashion and Retail Limited on a fully diluted basis by Caladium Investment Pte. In late May, Aditya Birla Fashion …

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