Aditya Birla Fashion launches QIP to raise funds; Check floor price and other details
Aditya Birla Fashion had approved a fund raise worth nearly ₹5,000 crore through a QIP and a preferential issue of shares.
Major Update From Aditya Birla Group: ABFRL Looks To Raise 4,879 Crores -- Details Here
Aditya Birla Fashion and Retail Limited's Board of Directors has authorised the issuance of equity shares valued at Rs 2379 crore on a preferential basis, as well as the funding of up to Rs 2,500 crore through a Qualified Institutional Placement.
Aditya Birla Fashion board to consider fundraise on Jan 15 via QIP, preferential issue
Aditya Birla Fashion shares traded higher after the company informed the shareholders on the upcoming board meet to consider fund raise.
Aditya Birla Fashion to raise $500mn ahead of demerger
Aditya Birla Fashion and Retail (ABFRL) plans to raise $500 million through a mix of preferential issuance and qualified institutional placeme.
India's Aditya Birla Fashion to raise $500 million via share sales to Fidelity, others
India's Aditya Birla Fashion and Retail (ABFRL) will raise $500 million by selling shares, including to U.S. investment firm Fidelity, the retailer said on Wednesday. ABFRL said it will raise $275 million by issuing preference shares,
Board of India’s Aditya Birla Fashion and Retail approves $500m equity raise
Indian conglomerate Aditya Birla Fashion and Retail Ltd (ABFRL) has received approval from its board to strengthen its capital base through a $500m equity raise. The initiative is set to involve a mix of preferential allotment and a qualified institutional placement (QIP).
Aditya Birla Group to tap franchise partners for jewellery brand expansion
The move marks the Aditya Birla Group's aggressive push into India's ₹6.7-trillion branded jewellery market, aiming to scale ...
Deccan Chronicle2d
Hindalco’s Aditya Aluminium Powers Sustainability With EV Fly Ash Transport
Bhubaneswar: Hindalco Industries Ltd., the flagship metals company of the Aditya Birla Group, has introduced electric ...
The Financial Express2d
Aditya Birla’s Indriya looks to add 100 stores in 3 years: CEO
The brand also invests in larger showrooms and a bespoke staff training program to enhance the overall shopping experience.
Outlook Business2d
Aditya Birla Education Trust's MPower Survey Highlights Mental Health Concerns in Top Indian Cities
Aditya Birla Education Trust's MPower study mentioned Mumbai, with 42 per cent of the calls received on Mpower’s helpline, as ...
Morgan Stanley sees Aditya Birla Capital share price rallying up to Rs 247; stock rises 3.5%
Aditya Birla Capital shares rose 3.5% after Morgan Stanley upgraded the stock to 'overweight' with a target price of Rs 247, ...
Aditya Birla Real Estate says no impact on Niyaara project after Supreme Court setback
The Supreme Court bench of Justices Vikram Nath and Prasanna B. Varale overturned a Bombay High Court order from 2022, which ...
devdiscourse13d
Aditya Birla and Nitin Mukesh Unveil Bhaj Govindam at Kolkata Festival
Kumar Mangalam Birla of Aditya Birla Group and singer Nitin Mukesh launched the devotional 'Bhaj Govindam' at Aditya Utsav ...
Aditya Birla-backed Digantara takes flight onboard SpaceX’s rocket, system to monitor and detect objects
Digantara launched its SCOT satellite aboard SpaceXs Transporter-12 mission to enhance space safety and track Resident Space ...
ABFRL to raise $500M through share issue; Fidelity Investments joins as key investor
Aditya Birla Fashion and Retail to raise $500 million for growth strategy, debt reduction, and vertical demerger.