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Tag Archives: Aditya Birla Fashion and Retail Limited (ABFRL)

ABFRL, GIZ announce ‘Circularity Innovation Challenge 2023’ to transform Indian textile sector

TBB BUREAU MUMBAI, APR 19, 2023 Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) announced the launch of the ‘Circularity Innovation Challenge 2023’. This initiative, in collaboration with Centre for Environment Education (CEE) and GIZ Leverist, aims to create a platform for innovators in the textile and apparel ...

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Aditya Birla Fashion to raise Rs.2,195 Cr of primary capital from GIC

TBB BUREAU MUMBAI, MAY 24, 2022 The board of Aditya Birla Fashion and Retail Limited (“ABFRL”) in its meeting today approved raising of upto Rs.2,195 crore by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund (“GIC”). GIC will invest Rs. 770 crore now towards subscription of equity and warrants, followed by ...

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Aditya Birla Fashion join hands with designer brand Sabyasachi

TBB BUREAU MUMBAI, JANUARY 28, 2021 India’s leading fashion company, Aditya Birla Fashion and Retail Limited (ABFRL) has announced a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51 percent stake in Sabyasachi brand. Sabyasachi is India’s largest and most influential luxury designer brand with strong Indian roots and global appeal. The brand ...

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