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Aditya Birla Fashion and Retail informs about outcome of board meeting

15 Jan 2025 Evaluate
Aditya Birla Fashion and Retail has informed that the Board of Directors of the Company at its meeting held today have, approved issuance of equity shares of the Company on a preferential issue basis, subject to the approval of the shareholders and other necessary approvals, if any: i. Up to 4,08,72,580 Equity Shares of face value of ? 10/- each at issue price of ? 317.45/- each including the Premium of ? 307.45/- each, aggregating to an amount up to ? 1297,50,00,521 under Promoter/ Promoter Group category and ii. Up to 3,96,97,838 Equity Shares of face value of ? 10/- each at issue price of ? 272.37/- each including the Premium of ? 262.37/- each, aggregating to an amount up to ? 1081,25,00,137 to Qualified Institutional Buyers under Non-Promoter Category. The Board also approved convening of an extraordinary general meeting of the Company on Thursday, February 13, 2025, to approve the above matters. Brief details in accordance with the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are annexed as Annexure A & Annexure B. The meeting of the Board of Directors commenced at 9:00 am and concluded at 9:34 am. The above information is also available on the website of the Company: www.abfrl.com.

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

Aditya Birla Fashion Share Price

63.39 -1.62 (-2.49%)
23-Apr-2026 16:59 View Price Chart
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