Aditya Birla Fashion and Retail Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

The Board of Directors of Aditya Birla Fashion and Retail Limited has approved the issuance of equity shares through a Qualified Institutions Placement for up to ₹2,500 Crore. This decision aligns with the shareholders' prior approval at the Annual General Meeting. The issuance is subject to necessary regulatory approvals. This capital raise is expected to enhance the company's financial flexibility and support its growth initiatives. Further details are available on the company's website.