Aditya Birla Fashion and Retail has raised Rs 400 crore through Listed, Unsecured, Rated, Redeemable Non-Convertible Debenture (NCDs) and allotted 4000 NCDs having face value of Rs 10,00,000 each with the Coupon Rate of 5.80% p.a., 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.
