Aditya Birla Fashion and Retail Ltd

Aditya Birla Fashion & Retail has allotted 4,08,33,990 equity shares of the Company at face value of Rs 10 each under promoter group category and 3,96,09,127 fully paid up equity shares of the Company for at face value of Rs 10 each under non-promoter category, on a preferential basis. With this allotment, the paid up equity share capital has increased to Rs 12,20,24,99,420 (1,22,02,49,942 fully paid-up equity shares of Rs 10/- each). Powered by Capital Market - Live

Net Loss of Aditya Birla Fashion & Retail reported to Rs 51.31 crore in the quarter ended December 2024 as against net loss of Rs 77.87 crore during the previous quarter ended December 2023. Sales rose 3.31% to Rs 4304.69 crore in the quarter ended December 2024 as against Rs 4166.71 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales4304.694166.71 3 OPM %14.5413.28 - PBDT435.98359.15 21 PBT-36.28-84.91 57 NP-51.31-77.87 34 Powered by Capital Market - Live

Aditya Birla Fashion and Retail will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

The qualified institutional placement (QIP), which commenced on 16 January 2025, concluded on 21 January 2025, with a total of 6,85,83,059 equity shares being allotted. The shares were priced at Rs 271.30 per share, resulting in an issue size of approximately Rs 1,860.66 crore. The issue price of Rs 271.30 is nearly similar to the floor price of Rs 271.28 per equity share set for the QIP issue. Pursuant to the allotment of equity shares under the QIP, the paid-up equity share capital of the company increased to Rs 1,139.80 crore comprising 1,13,98,06,825 equity shares. Amansa Holdings emerged as the largest allottee, securing a substantial 27.91% allocation. Following, SBI Life Insurance Company, Quant Mutual Fund received allocations of 13.44% and 10.75%, respectively. HDFC Life Insurance Company secured 9.67% allocation, while BOFA SECURITIES EUROPE SA - ODI received allocation of 8.37%. Further, Maybank Securities Pte., Aditya Birla Sun Life Trustee received allocations of 6.98% and 6.29%, respectively. Aditya Birla Fashion and Retail (ABFRL) is engaged in the business of manufacturing and retailing of branded apparel and runs a chain of apparel and accessories retail stores in India. On a consolidated basis, ABFRL reported a net loss of Rs 185.90 crore in Q2 FY25 as against a net loss of Rs 179.15 crore recorded in Q2 FY24. Revenue from operations increased 12.9% YoY to Rs 3,643.86 crore in the September 2024 quarter. The scrip shed 0.97% to currently trade at Rs 274 on the BSE. Powered by Capital Market - Live

Aditya Birla Fashion & Retail (ABFRL) has announced the completion of the fundraise through a Qualified Institutional Placement (QIP) of equity shares aggregating to Rs 1,860 crore. The QIP Committee of the Board of Directors of the Company has, at its meeting held om 21 January 2025, approved the issue and allotment of 68,583,059 equity shares of face value Rs 10 each to eligible Qualified Institutional Buyers (QIBs) at the issue price of Rs 271.3 per equity share (including a premium of Rs 261.3 per equity share), aggregating toRs 1,860 crore. The Company's first-ever QIP transaction which opened on 16 January 2025, and closed on 21 January 2025, received an overwhelming response from prominent domestic and foreign institutional investors, with a subscription of ~ 2X. The successful QIP comes on the back of a preferential issuance of Rs. 2,379 crore, with participation from promoter group, investing Rs.1,298 crore and Fidelity Investments, investing Rs. 1,081 crore.Powered by Capital Market - Live

The company's board authorized and declared the opening of the issue on Thursday, 16 January 2025. The floor price of Rs 271.28 is at a discount of 1.89% to the scrip's previous closing price of Rs 276.50 on the BSE. The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue. Aditya Birla Fashion and Retail (ABFRL) is engaged in the business of manufacturing and retailing of branded apparel and runs a chain of apparel and accessories retail stores in India. On a consolidated basis, ABFRL reported a net loss of Rs 185.90 crore in Q2 FY25 as against a net loss of Rs 179.15 crore recorded in Q2 FY24. Revenue from operations increased 12.9% YoY to Rs 3,643.86 crore in the September 2024 quarter. The scrip shed 0.43% to currently trade at Rs 275.30 on the BSE.Powered by Capital Market - Live

Aditya Birla Fashion and Retail announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 February 2025.Powered by Capital Market - Live

The company will issue 4,08,72,580 equity shares on a preferential basis at issue price of Rs 317.45 each, aggregating to an amount up to Rs 1,297.50 crore to Pilani Investment and Industries Corporation under promoter/ promoter group category. Further, the firm will also issue 3,96,97,838 equity shares at issue price of Rs 272.37 each, aggregating to an amount up to Rs 1,081.25 crore to qualified institutional buyers under non-promoter category on a preferential basis. Meanwhile, the board also approved issuance of equity shares by way of qualified institutions placement (QIP) for an aggregate amount not exceeding Rs 2,500 crore, subject to receipt of necessary regulatory approvals, as may be required. Aditya Birla Fashion and Retail (ABFRL) is engaged in the business of manufacturing and retailing of branded apparels and runs a chain of apparels and accessories retail stores in India. On consolidated basis, ABFRL reported net loss of Rs 185.90 crore in Q2 FY25 as against a net loss of Rs 179.15 crore recorded in Q2 FY24. Revenue from operations increased 12.9% YoY to Rs 3,643.86 crore in the September 2024 quarter. The counter shed 0.31% to trade at Rs 269.50 on the BSE. Powered by Capital Market - Live

The Board of Aditya Birla Fashion & Retail at its meeting held on 15 January 2025 has approved issuance of equity shares of the Company on a preferential issue basis as under: i. Up to 4,08,72,580 equity shares of face value of Rs 10/- each at issue price of Rs 317.45/- each including the Premium of Rs 307.45/- each, aggregating to an amount up to Rs 1297,50,00,521 under Promoter/ Promoter Group category and ii. Up to 3,96,97,838 equity shares of face value of Rs 10/- each at issue price of Rs 272.37/- each including the Premium of Rs 262.37/- each, aggregating to an amount up to Rs 1081,25,00,137 to Qualified Institutional Buyers under Non-Promoter Category. Powered by Capital Market - Live

The Board of  Aditya Birla Fashion at its meeting held on 15 January 2025 has approved issuance of equity shares by way of Qualified Institutions Placement, for an aggregate amount not exceeding Rs 2,500 crore. Powered by Capital Market - Live