In furtherance to the approval granted by the Shareholders of the Company at the Annual General Meeting held on September 19, 2024, Aditya Birla Fashion and Retail has informed that the Board of Directors of the Company at its meeting held today has approved issuance of equity shares by way of Qualified Institutions Placement, for an aggregate amount not exceeding ? 2,500 Crores in accordance with the applicable laws including the SEBI ICDR Regulations and the Companies Act, 2013, subject to receipt of necessary regulatory approvals, as may be required. The detailed disclosures as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure A. The meeting 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.
