Indian Apparel - India's Trusted Apparel & Textile B2B Platform for News, Events & Manufacturers Directory

ABFRL to Demerge Madura Fashion into Separate Listed Entity!

Aditya Birla Fashion and Retail Ltd. (ABFRL) has announced its intention to demerge its Madura Fashion & Lifestyle (MFL) business into a separate listed entity. The move aims to create two growth engines with distinct value creation trajectories, as well as a well-articulated capital allocation strategy and parallel value creation opportunities. The MFL vertical comprises […]