
Aditya Birla Fashion and Retail demerger: Why does it seem that ABFRL shares plunged 67%? Here’s what’s happened – Times of India
The restructuring plan, which received approval from ABFRL’s board in the previous year, entails the separation of the Madura Fashion and Lifestyle (MFL) division into a newly established entity — ABLBL (AI image) Aditya Birla Fashion and Retail demerger: ABFRL shares experienced a substantial decline of 67% to Rs 88.80 on the NSE during Thursday’s…