Aditya Birla news: Aditya Birla group considers demerger of Madura Fashion & Lifestyle into separate listed company
Aditya Birla Fashion and Retail Ltd. (ABFRL) announced on Monday its intention to assess the vertical demerger of its Madura Fashion & Lifestyle business from ABFRL into a separate listed company. The decision was made during the Board of Directors meeting, granting authorization to evaluate this strategic move.
Source: indiatimes.com