Aditya Birla Fashion and Retail is planning to raise funds by issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures (NCDs) of face value of Rs 10 lakh each issued at par aggregating to Rs 500 crore, on private placement basis, on or after January 13, 2023.
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.
