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Aditya Birla Fashion informs about updates on acquisition of 51% in sabyasachi couture

24 Feb 2021 Evaluate

Aditya Birla Fashion has informed that the Board of Directors at its meeting held today, noted completion of the closing conditions under the Framework Agreement and approved acquisition of 51% stake of Sabyasachi Couture (now Sabyasachi Calcutta LLP). Consequent to the above investment, the Company will hold 51% stake in Sabyasachi Calcutta LLP entity. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Avenue Supermarts 3835.00
Trent 2780.40
Vishal Mega Mart 106.40
PN Gadgil Jewellers 604.75
Aditya Birla Life 79.93
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