Madura Garments Lifestyle Retail Company Ltd

Pantaloons Fashion & Retail Ltd today said it has fixed January 21 as the Record Date for determining the entitlement of the equity shareholders of Aditya Birla Nuvo Ltd upon merger of Aditya Birla Group's apparel businesses.

Under the scheme, the apparel businesses of ABNL and another group firm Madura Garments Lifestyle Retail Company Ltd (MGLRCL) was merged into listed firm Pantaloons Fashion & Retail Ltd (PFRL), which was to be renamed as Aditya Birla Fashion and Retail (ABFRL).

In a major consolidation exercise, Aditya Birla Group on Sunday announced the merger of its apparel businesses into a Rs 5,290-crore entity - Aditya Birla Fashion and Retail (ABFRL), which will be the largest pure play fashion lifestyle company in the country.

Pantaloons Fashion & Retail Ltd today said it has fixed January 21 as the Record Date for determining the entitlement of the equity shareholders of Aditya Birla Nuvo Ltd upon merger of Aditya Birla Group's apparel businesses.

Under the scheme, the apparel businesses of ABNL and another group firm Madura Garments Lifestyle Retail Company Ltd (MGLRCL) was merged into listed firm Pantaloons Fashion & Retail Ltd (PFRL), which was to be renamed as Aditya Birla Fashion and Retail (ABFRL).

In a major consolidation exercise, Aditya Birla Group on Sunday announced the merger of its apparel businesses into a Rs 5,290-crore entity - Aditya Birla Fashion and Retail (ABFRL), which will be the largest pure play fashion lifestyle company in the country.