Aditya Birla Fashion and Retail is planning to raise funds through issue of equity shares/ convertible bonds / warrants/ debentures / any other securities, through permissible modes including but not limited to a qualified institutions placement, preferential allotment, rights issue, further public offer, etc., subject to such approvals, as may be required under the applicable laws. A meeting of the Board of Directors of the Company will be held on May 24, 2022, to consider the same.
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.
