October 15, 2024
Home Posts tagged Aditya Birla Fashion and Retail
Apparel, Fashion, Retail

ABFRL Increases Stake In Goodview Fashion To 51%

Aditya Birla Fashion and Retail Limited (ABFRL) has increased its shareholding in Goodview Fashion (GFPL), which manufactures and sells ethnic couture under the brand ‘Tarun Tahiliani,’ from 33.50% to 51%. This was achieved through a secondary acquisition of a 17.5% equity stake from existing GFPL shareholders. As a result, GFPL transitioned from an associate to […]
Corporates

Aditya Birla Fashion And Retail To Raise Rs 750 Crore

In a recent regulatory filing, Aditya Birla Fashion and Retail (ABFRL) announced its intention to secure Rs 750 crore in funds through debt bonds. The fundraising is scheduled to take place on or after September 4, 2023, through a private placement offering. The company plans to issue 75,000 listed, unsecured, rated, redeemable non-convertible debentures, each […]