Aditya Birla Fashion (ABFRL) announced its intention to demerge its Madura Fashion & Lifestyle business into a separate listed entity, aiming to vertically demerge the business. This move is part of a broader strategy by the KM Birla-led Aditya Birla Group, which also plans to demerge two more listed companies soon and raise funds after the process. Following the announcement, Aditya Birla Fashion's share price saw a significant jump of 15%, indicating positive market reception. Market experts, including Ravi Dharamshi, are set to discuss the implications of this strategic move for D-street in FY25.
COMING UP @ 11:00 AM | Is the Big-B of Indian business getting more bigger? — Watch experts decode the way forward for Adiya Birla Group after Madura demerger plans. @SrishtiSharma_ @_sherylld https://t.co/qFV3kuCE1i
Aditya Birla Fashion share price today jumps 15%. Here's why https://t.co/Idl9r91JxU https://t.co/JMlXouFWJs
#AdityaBirlaFashion to demerge Madura business into separate listed entity, plans to raise funds after process https://t.co/GYirHxqmn7 https://t.co/csMVdOycwy
Aditya Birla Fashion to list flagship lifestyle brands as separate entity https://t.co/Nxe1PQgY3M https://t.co/4PoyD5ABCX
Demerger ALERT! 2 more listed companies from KM Birla-led Aditya Birla Group soon - Details https://t.co/aBo4R6Gfgw
#AdityaBirlaGroup considers demerger of #Madura Fashion & Lifestyle into separate listed company https://t.co/IyLmE0uVMo
Stocks In News | ABFRL: Aims to vertically demerge its Madura Fashion & Lifestyle business into separate listed entity @AdityaBirlaGrp #StockMarket https://t.co/wU3BnvUQmz
LIVE | Market expert Ravi Dharamshi discusses what's in store for D-street in FY25 | @ravidharamshi77 | @nikunjdalmia | @AyeshaFaridi1 | @avannedubash https://t.co/U66h0zvAaw