Aditya Birla Fashion and Retail Limited
Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL's Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in 2015.ABFRL is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. Anchored by an…
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ABFRL allotted 12,140 equity shares at ₹10 each to employees under its ESOP scheme. This increased paid-up capital from ₹12,20,52,60,520 to ₹12,20,53,81,920, leading to a minor fund infusion and negligible dilution.
Aditya Birla Fashion (ABFRL) allotted 5,500 equity shares at ₹10 each to employees via its ESOP scheme. The company's paid-up equity capital now stands at approx ₹1,220.53 Cr.
Aditya Birla Fashion and Retail allotted 33,827 equity shares of ₹10 each to employees under its ESOP 2017, marginally increasing paid-up capital to ₹1,220.29 Cr (1,22,02,94,773 shares). This move boosts employee incentives without changing promoter holding or raising fresh funds. Shares carry equal rights with existing equity.
Aditya Birla Fashion and Retail Limited has announced a Qualified Institutions Placement (QIP) to raise funds by issuing equity shares with a face value of ₹10 each. The QIP committee approved the opening of the issue, setting a floor price of ₹271.28 per share. The final issue price will be...
Aditya Birla Fashion and Retail Limited has announced a board meeting to discuss a Qualified Institutional Placement (QIP) of equity shares, targeting to raise up to ₹1,000 crore. The QIP will involve issuing equity shares with a face value of ₹10 each at a minimum price of ₹100 per share,...