Aditya Birla Fashion to Enhance Operational Efficiency
By streamlining its operations, ABFRL aims to reinforce its position in the dynamic retail landscape, driving value for shareholders and stakeholders alike.
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Aditya Birla Fashion and Retail Ltd. (ABFRL) is set to enhance its operational efficiency by vertically demerging its Madura Fashion & Lifestyle business into a separate listed entity.
Ashish Dikshit, MD of Aditya Birla Fashion and Retail Ltd, said, “The restructuring will enable a sharper focus on each business segment, aligning them with tailored strategies for growth. With the Indian fashion industry poised for robust long-term growth, this simplified structure positions us well for sustained success.”
This strategic move aims to create two distinct growth engines, each with a unique capital allocation strategy. The decision, authorised by ABFRL’s Board of Directors, underscores a meticulous evaluation process. The proposed demerger seeks to establish two independently listed companies, empowering them with separate capital structures and avenues for value creation.
By streamlining its operations, ABFRL aims to reinforce its position in the dynamic retail landscape, driving value for shareholders and stakeholders alike.
