ABFRL to raise Rs. 2,195 cr of primary capital from GIC
The board of Aditya Birla Fashion and Retail Limited in its meeting today approved raising of up to Rs. 2,195 cr by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund. GIC will invest Rs. 770 cr now towards subscription of equity and warrants, followed by up … Read more