Aditya Birla Fashion and Retail Ltd (ABFRL) will raise Rs 2,378.75 crore via equity issuance. The board approved Rs 1,297.50 crore from promoter entity Pilani Investment at Rs 317.45 per share and Rs 1,081.25 crore from Qualified Institutional Buyers at Rs 272.37 per share. Funds will support growth and expansion plans.
ABFRL: Board Approves Rs 2,378.75 Crore Fundraising
