2025-05-20Ravi Mehta
Aditya Birla Fashion and Retail Ltd. (ABFRL) is set to demerge its Lifestyle Brands segment, including popular labels like Peter England and US Polo Assn., into a separate listed entity. The move, part of a broader value unlocking strategy by the Aditya Birla Group, will take effect on May 22 with a 1:1 shareholding ratio.
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