GIC arm to invest ₹2,195 crore in Aditya Birla Fashion & Retail
The board of Aditya Birla Fashion and Retail Limited (ABFRL) on Tuesday approved raising of up to ₹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 ₹770 crore now towards subscription of equity and warrants, followed by up to ₹1,425 […]
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