ABFRL Announces Demerger Of Madura BusinessÂ
The ABFRL (Aditya Birla Fashion and Retail Limited) summoned a meeting on Monday to announce the demerger of Madura Fashion & Lifestyle Business. The company said it would raise growth capital within 12 months of the demerger to strengthen its balance sheet. The company said, “The proposed demerger will enable the creation of two separately…
Aman Goyal