Aditya Birla Fashion and Retail Limited — Important, 23-04-2025: General Updates
23-04-2025 | 03:25 pm
23-04-2025 | 03:25 pm
Effective May 1, 2025, the Scheme of Arrangement between Aditya Birla Fashion and Retail Limited (ABFRL) and Aditya Birla Lifestyle Brands Limited (ABLBL) is set to take effect following the certification by the National Company Law Tribunal. This development fulfills all conditions required for the Scheme’s implementation, with an appointed date established as April 1, 2024. The Board of Directors of both companies has acknowledged this milestone, marking an important step in their strategic realignment. Investors should closely monitor the integration process and its potential impact on future performance.
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