Aditya Birla Fashion and Retail has approved allotment of 5,000 rated, listed, non-convertible, redeemable, unsecured Non-convertible debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 500 crore, on private placement basis.
Aditya Birla Fashion and Retail is engaged in providing branded fashion apparels and accessories, and the retail sale of clothing, footwear and leather articles in stores. It operates through two segments: Madura Fashion & Lifestyle, and Pantaloons. The company's brands include Louis Philippe, Van Heusen, Allen Solly and Peter England.
