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.