Aditya Birla Fashion and Retail Limited — Others, 23-12-2024: Copy of Newspaper Publication

Aditya Birla Fashion and Retail Limited will hold a board meeting on January 21, 2025, at 10:00 a.m. IST via video conferencing to discuss and approve the Scheme of Arrangement with Aditya Birla Lifestyle Brands Limited. This follows the National Company Law Tribunal's directive enabling the equity shareholders, creditors, and management to consider the proposed restructuring. The outcome of this meeting may reshape the company's strategic direction, potentially enhancing operational efficiencies and expanding market reach. Investors may view this as a neutral impact, awaiting details on execution and financial implications post-approval.