ABRFL board approves demerger of Madura to Aditya Birla Lifestyle Brands

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ABRFL board approves demerger of Madura to Aditya Birla Lifestyle Brands Within 12 months of the demerger, ABFRL plans to raise ₹2,500 crore in equity to strengthen its balance sheet and fund the growth of the remaining businesses.
 
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