By Admin 
Aditya birla fashion demeger: Aditya Birla Fashion and Retail Limited (ABFRL) shares are in focus on Wednesday as this is the last session to buy shares for investors under T +1 Settlement. The company is going to detect the business of Madura fashion and lifestyle. Under this disorder, a new company will be set up by separating lifestyle business, which will be named Aditya Birla Lifestyle Brands Limited (ABLBL).
What will happen to shareholders?
After this disorder, Madura Fashion and Lifestyle will be a separate entity, which will be named Aditya Birla Lifestyle Brands Limited (ABLBL). This company will be listed separately on completion of the disorder. The disorganized ratio is set 1: 1. That is, the shareholders of ABFRL will have equal shareholding in both companies. For example, if you have 1 shares of Aditya Birla Fashion and Retail, then you will also get 1 shares of the new company Aditya Birla Lifestyle Brands. Shares of Aditya Birla Lifestyle Brands will be listed on both BSE and NSE stock exchanges. The listing date will be announced later.
Record date and X-Det on 22 May
The company has said that the dimer will have a record date and X-date on 22 May 2025 (Thursday). On this day, it will be decided which investors will get shares of the new company. On 22 May, Aditya Birla Fashion and Retail will issue a share of Aditya Birla Lifestyle Brands Limited in lieu of every stock with him. During this special pre-open session, it will be decided what will be the initial price of the shares of the new company. After this, after regulatory approval, it will be listed in the stock market.
Brands will be divided in this way
The portfolio of Aditya Birla Lifestyle Brands will include the lifestyle brand (Louis Philip, Van Hyusen, Alan Solie and Peter England), Casual Wear (American Eagle and Forever 21), Sportswear (Rebok) and Inner Business (Rebok) and Inner Business (Rebok) and Inner Business (Rebok) and Inner Business. While ABFRL will look at the business of digital brands, ethnic portfolio, luxury and value retail. Property and liabilities will be divided between the two companies.
Till 31 March, 2024, Aditya Birla fashion and retail total borrowings were Rs 3,000 crore. Out of this, a loan of Rs 1000 crore will go to Aditya Birla lifestyle brands and the rest will be with Birla fashion and retail. To strengthen the balance sheet of ABFRL within 12 months of the disorganization and fund the growth of the rest of the business, there is a plan to raise funds of Rs 2,500 crore.
Shares of Aditya Birla Fashion & Retail fell 3.01 percent on NSE at Rs 277.45 on Tuesday, while the benchmark Nifty fell by 1.05 %.
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