Aditya Birla Fashion and Retail Limited — Important, 22-05-2025: Updates

Aditya Birla Fashion and Retail has completed the demerger of its lifestyle brands into Aditya Birla Lifestyle Brands Limited (ABLBL). Shareholders receive one fully paid equity share of ABLBL for each parent company share, with acquisition cost split 75.68% to ABFRL and 24.32% to ABLBL. This move simplifies brand focus and aims to unlock value from the lifestyle segment without tax implications for shareholders.