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Aditya Birla Fashion Completes Demerger, Shares Adjust Post-Split

ABFRL shareholders receive equal shares in newly formed Aditya Birla Lifestyle Brands Ltd, with ABLBL listing expected by mid-June.

Aditya Birla Fashion and Retail  | Image: shutterstock
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ABFRL demerger: JM shares fair values for ABFRL, Aditya Birla Lifestyle Brands
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Overview

  • Aditya Birla Fashion and Retail Ltd (ABFRL) has officially demerged into two entities: ABFRL and Aditya Birla Lifestyle Brands Ltd (ABLBL).
  • Shareholders of ABFRL as of May 22, 2025, are entitled to one ABLBL share for every ABFRL share held.
  • ABFRL's stock price fell approximately 65% on May 22 due to technical adjustments reflecting the demerger, not a decline in business fundamentals.
  • ABLBL will house prominent lifestyle and western wear brands like Louis Philippe, Van Heusen, Peter England, and Reebok, while ABFRL retains value, ethnic, luxury, and digital-first brands.
  • ABLBL's listing on the NSE and BSE is anticipated by mid-June, pending regulatory approval, with brokerages projecting fair values of Rs 185–215 for ABLBL and Rs 80–105 for ABFRL.