Corporate News

India, an engine of global growth Aditya Birla Group Dynamism and resilience at play

For many years, we have been talking about increasing volatility and unpredictability. The events of the last 24 months have heralded a new era of uncertainty where both the amplitude and frequency of shifts have vastly exceeded anything we have seen in recent decades. The unprecedented pandemic was followed by supply chain whiplash, and further […]

Corporate News

Aditya Birla Fashion raising Rs. 2,195 Cr. of primary capital from GIC

The board of Aditya Birla Fashion and Retail Limited (“ABFRL”) in its meeting today approved raising of up to Rs.2,195 Cr. by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund (“GIC”). GIC will invest Rs. 770 Cr. now towards subscription of equity and warrants, followed by […]