Aditya Birla Fashion Share Price Soars 15% on Demerger Plan Announcement


ABFRL’s share price rises 15% on news of Madura Fashion & Lifestyle demerger. Demerger aims to create two separately listed companies for enhanced focus. ABFRL to capitalize on growth opportunities post-demerger, raising capital within 12 months. Post-demerger, ABFRL’s portfolio includes value retail, ethnic wear, luxury, and digital brands. Move signifies strategic realignment, unlocking value for … Read more