Birla Merges Apparel Units
Aditya Birla Nuvo Ltd (ABNL) has announced consolidation of its branded apparel businesses under its listed subsidiary- Pantaloons Fashion & Retail Ltd (PFRL) in a bid to capitalized on its large market presence in the branded fashion space. The merger will turn the apparel business into a Rs. 5,290 crore entity, named Aditya Birla Fashion […]
