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Aditya Birla Real Estate LimitedBoard Meeting, 23-07-2025: Outcome of Board Meeting

23-07-2025 | 01:14 pm

Aditya Birla Real Estate Limited has announced a board meeting on Wednesday, July 23, 2025. The Board approved the consolidated financial results for the quarter. The company reported a net loss of Rs 25.47 Cr for the period, largely due to continuing operations, although discontinued operations contributed a profit of Rs 20.22 Cr, including a gain from textile asset sales.

Key strategic move: The Board also approved raising up to Rs 1500 Cr via secured or unsecured loans. This funding is aimed at refinancing existing debts of the Century Pulp and Paper division, paving the way for its planned sale to ITC Limited. This aligns with the ongoing divestment strategy.

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