🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
ABRFL board approves demerger of Madura to Aditya Birla Lifestyle Brands
Livemint
·
1y ago
Medial
The board of directors of Aditya Birla Fashion and Retail Ltd (ABFRL) has approved the demerger of Madura Fashion & Lifestyle (MFL) business from ABFRL into a newly incorporated company named Aditya Birla Lifestyle Brands Ltd (ABLBL), which will be listed separately once the demerger is completed. This move aims to accelerate growth and value creation through two listed entities with a clear structure and capital allocation strategy. ABFRL plans to raise ₹2,500 crore in equity within 12 months of the demerger. The demerger will be implemented through an NCLT scheme of arrangement.
View Source
1
Related News
Aditya Birla Fashion Shares Dips 66%, but Don’t Panic—It’s Just the Demerger Math
OutlookIndia
·
2m ago
Medial
Shares of Aditya Birla Fashion Retail fell over 66% due to adjusting for the demerger of its Madura Fashion and Lifestyle business into a new entity, Aditya Birla Lifestyle Brands. This steep decline is a technical adjustment reflecting the separation of the businesses. Shareholders will receive one share in Aditya Birla Lifestyle for every share held in Aditya Birla Fashion. The demerger is intended to reallocate debt and focus different brand portfolios under each entity.
View Source
ABFRL proposes demerger of Madura Fashion into separate listed entity
Livemint
·
1y ago
Medial
Aditya Birla Fashion and Retail Ltd (ABFRL) is considering a vertical demerger of its Madura Fashion & Lifestyle business into a separate listed entity, according to an exchange filing. The move aims to create two independent companies with distinct capital structures and growth opportunities. The Madura Fashion & Lifestyle segment, comprising brands such as Louis Philippe and Van Heusen, will be demerged into a separate entity. Post-demerger, ABFRL will focus on high-growth segments such as branded and luxury apparel. The proposed demerger is subject to approvals and will be implemented through a scheme of arrangement.
View Source
Aditya Birla Fashion to raise $500 mn ahead of Madura Fashion demerger
VCCircle
·
6m ago
Medial
Aditya Birla Fashion and Retail Ltd plans to raise $500 million through preference shares and qualified institutional placement ahead of demerging Madura Fashion. The board approved a $275 million preference share issue and a $225 million QIP. Promoters and Fidelity Investments will contribute. This capital will help reduce debt and support growth strategies. The demerger aims to create Aditya Birla Lifestyle Brands Ltd, enhancing operational independence for better growth. The process is expected to complete by this fiscal year's end.
View Source
Aditya Birla Fashion to list flagship lifestyle brands as separate entity
VCCircle
·
1y ago
Medial
Aditya Birla Fashion and Retail (ABFRL) has announced plans to separate its flagship lifestyle brands, collectively known as Madura Fashion & Lifestyle, into a separate listed entity. This decision comes as ABFRL has faced losses over the past three quarters due to weak demand and increased investments in certain brands. Madura Fashion consists of four lifestyle brands - Louis Phillippe, Van Heusen, Allen Solly, and Peter England - which contribute to over 70% of the company's total revenue. Following the demerger, ABFRL will focus on luxury and premium brands, as well as place emphasis on its Pantaloons brand.
View Source
Aditya Birla Fashion's potential debt burden keeps Kotak cautious over demerger
Money Control
·
1y ago
Medial
Kotak Securities has cautioned about the demerger of Madura Fashion & Lifestyle from Aditya Birla Fashion and Retail, noting that the latter will be left with a significant debt burden of INR 2,500 crore. Kotak believes that the real value of Madura will only be unlocked once there is clarity on its capital allocation plans. The firm has maintained a target price of INR 220 for Aditya Birla Fashion shares, with a 'reduce' rating.
View Source
Spotlight: Designer labels turn showstopper on Aditya Birla Fashion’s growth runway
VCCircle
·
9m ago
Medial
Aditya Birla Fashion and Retail Ltd., part of the Aditya Birla Group, made a significant move in 1999 by acquiring Madura Garments, which helped establish their leadership in the Indian ready-to-wear garment industry. Since then, they have successfully built a portfolio of designer labels, including Allen Solly, Van Heusen, and Peter England. Aditya Birla Fashion continues to grow and thrive by leveraging its strong brand presence and expanding its retail footprint.
View Source
Aditya Birla Digital Fashion Invests INR 75 Cr In WROGN
Inc42
·
9m ago
Medial
Aditya Birla Digital Fashion Ventures has acquired a higher stake in the direct-to-consumer (D2C) fashion brand, WROGN, increasing its ownership from 17.10% to 32.84%. This move will help Aditya Birla Digital Fashion to expand its collection of digital-first brands and diversify its brand portfolio. The investment follows a previous acquisition by Aditya Birla Group's fashion and lifestyle arm, TMRW, which acquired a 16% stake in the parent company of WROGN.
View Source
Aditya Birla Group eyes major fashion statement, targets billion-dollar heft for four of its brands
Economic Times
·
1m ago
Medial
Aditya Birla Group aims to transform its lifestyle brands—Louis Philippe, Van Heusen, Allen Solly, and Peter England—into billion-dollar labels within a decade, driven by changing consumer habits and increasing income levels. The company sees growth potential in the shift towards branded fashion in India's expanding $170 billion market. Originally focused on menswear, these brands now offer a diverse range of products, positioning Aditya Birla to compete globally by capitalizing on evolving market trends.
View Source
NCLT approves merger of TCNS Clothing into Aditya Birla Fashion and Retail
Livemint
·
11m ago
Medial
Aditya Birla Fashion and Retail Ltd (ABFRL) has received approval from the National Company Law Tribunal (NCLT) for its merger with TCNS Clothing. The merger involves TCNS Clothing Co. and Aditya Birla Fashion and Retail and their respective shareholders and creditors. ABFRL had acquired a majority stake in TCNS Clothing in May 2023. The company reported a consolidated net loss of ₹161 crore in Q1FY25, attributed to investments in digital-first fashion brands and losses in premium ethnic wear brands.
View Source
Hindalco ' board approves induction of Ananya, Aryaman Vikram Birla as directors
Money Control
·
12m ago
Medial
Hindalco Industries has announced the induction of Ananya Birla and Aryaman Vikram Birla as directors on its board. The company expects to benefit from their expertise in new-age insights and business acumen as it undergoes a transition towards a low-carbon future. Ananya and Aryaman were previously appointed as directors on the boards of Grasim Industries and Aditya Birla Fashion and Retail in 2023. The board has also inducted Anjani Kumar Agrawal and Sukanya Kripalu as independent directors, and Bharat Goenka as the chief financial officer (Designate).
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in