About Aditya Birla Fashion and Retail Limited (ABFRL)

 

The company operates as Aditya Birla Fashion and Retail Limited (ABFRL) under the Aditya Birla Group as one of India’s leading fashion companies. The company operates from Mumbai as its headquarters since 2007 and maintains operations through exclusive brand stores and multi-brand outlets and department store counters and digital platforms across 900+ towns and cities with 30+ brands that range from affordable wear to luxury couture. 

 

The company operates in 28 states and 4 union territories of India and maintains international operations in the Middle East and the United States while exports represent 1.15% of total revenue in the reported year.

 

The National Company Law Tribunal (NCLT) approved the demerger of Madura Fashion & Lifestyle (MFL) into Aditya Birla Lifestyle Brands Limited (ABLBL) on March 27, 2025 which became effective on May 1, 2025 after the filing of certified copies on April 23, 2025. The demerger led ABFRL to concentrate on three main growth segments which include mass and value brands under Pantaloons and Style Up and ethnicwear brands Jaypore and Tasva and Sabyasachi and Shantnu & Nikhil and House of Masaba and Tarun Tahiliani and TCNS and luxury retail through Galeries Lafayette and The Collective and digital-first brands under TMRW.

 

Aditya Birla Fashion and Retail Limited Key Management

• Kumar Mangalam Birla serves as the Chairman and Non-Executive Director of the company.
• Ashish Dikshit serves as the Managing Director of the company.
• Sangeeta Tanwani serves as the Whole-time Director of the company.
• Vishak Kumar served as Whole-time Director until April 30, 2025.
• Jagdish Bajaj serves as the Chief Financial Officer of the company.
• Anil Malik serves as the Company Secretary and Compliance Officer of the organization.

 

Latest Updates on Aditya Birla Fashion and Retail Limited (ABFRL)

• The NCLT approved the MFL business demerger on March 27, 2025 which led to the Scheme becoming operational on May 1, 2025. The new company ABLBL received its incorporation on April 9, 2024 for demerger purposes before obtaining independent stock exchange listing in June 2025.
• ABFRL conducted a successful capital increase of Rs 4,239 crore through QIP and preferential issue to enhance its financial position and speed up growth in value and ethnic and luxury segments.
• The Company issued equity shares through QIP and preferential issue during January-February 2025 and issued Rs 500 crore of listed NCDs through private placement to fund debt repayment and capital expenditures and operational expenses in high-growth segments and corporate needs.
• TCNS Clothing Co. Ltd became a part of ABFRL through a merger that occurred on September 1, 2024 after NCLT granted its approval on August 2, 2024.
• ABFRL continued its digital transformation by implementing SAP S/4HANA Fashion across all operations and implementing a unified ERP/POS system for designer-wear subsidiaries and launching e-commerce platforms for Jaypore and Tasva and testing AI/analytics for demand forecasting and markdowns and catalogue enhancement.
• The company welcomed Venkatesh Mysore as an Independent Director on October 13, 2024 while Sukanya Kripalu completed her Independent Director term on October 12, 2024 and Vishak Kumar stepped down as Whole-time Director on April 30, 2025 because of the ABLBL demerger.
• ABFRL operates a luxury retail business through its partnership with Galeries Lafayette which will introduce a 200+ global luxury brand flagship store in Mumbai during the current fiscal year.