Aditya Birla Fashion and Retail Limited — Important, 24-02-2025: General Updates

The Preferential Issue Committee of Aditya Birla Fashion and Retail Limited has approved the allotment of a total of 8,04,43,117 fully paid-up equity shares on a preferential basis. This includes 4,08,33,990 shares to the promoter group at an issue price of ₹317.75 per share, raising approximately ₹12,97.50 crore and 3,96,09,127 shares to non-promoter qualified institutional buyers at ₹272.98 per share, amounting to roughly ₹10,81.25 crore. Following this allotment, the company’s paid-up equity share capital increases to ₹12,20.25 crore. Key investors include Pilani Investment and several Fidelity Funds, enhancing the company’s shareholder base and potentially strengthening its market position. Investors should monitor the impact of this capital raise as it could support future growth initiatives.