ABFRLNSEAditya Birla Fashion and Retail Limited· RetailingHighNeutral
Announced Thu, 22 May, 2025 · 11:32 IST

Aditya Birla Fashion and Retail Limited has informed the Exchange regarding 'Apportionment of cost of acquisition of Equity Shares of Aditya Birla Fashion and Retail Limited ( Demerged Company / Company ) and Aditya Birla Lifestyle Brands Limited ( Resulting Company / ABLBL )'.

Demerger Ratio AnnouncedNclt Scheme FiledStrategic Transactions View source PDFExplain this filing

ABFRL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-66.5%Reaction day
₹270.89
prior close
₹91.95
announcement price
In-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.0%-66.5% vs market
Speciality Retail peers, median of 14sector-0.2%-66.3% vs sector

On the reaction day the stock moved 66.5 pts less than Nifty Smallcap 250 and 66.3 pts less than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.2
10m
-0.3
15m
-0.8
30m
-0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-66.5-0.0-66.5-0.2-66.3
Next day
-67.1+0.6-67.7+0.6-67.7
2d
-67.8+1.1-68.9+0.8-68.7
3d
-67.6+1.2-68.8+1.1-68.7
4d
-67.9+1.6-69.5+0.5-68.4
5d
-67.7+2.1-69.8-1.1-66.6
1w
-67.7+3.1-70.8+1.2-68.8
15d
-72.3+5.1-77.4+3.1-75.5
1m
-72.4+3.7-76.1-0.3-72.2
2m
-72.1+8.5-80.5+4.0-76.1
3m
-70.0+3.7-73.8+2.0-72.0
UpDownMarket · Nifty Smallcap 250Sector · Speciality Retail peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ABFRL has informed shareholders about how to split their original purchase cost of shares between the parent company (ABFRL) and the newly demerged entity (Aditya Birla Lifestyle Brands Limited - ABLBL). The NCLT Mumbai Bench sanctioned the demerger scheme on March 27, 2025, and the record date is set as May 22, 2025. Shareholders will receive 1 equity share of ABLBL (face value Rs 10) for every 1 share held in ABFRL. Of the original cost of acquisition, 75.68% will be attributed to ABFRL shares and 24.32% to ABLBL shares. The demerger qualifies under Section 2(19AA) of the Income Tax Act, making it tax-neutral for shareholders.

Likely market impact

Existing ABFRL shareholders will automatically receive ABLBL shares in their demat accounts and should update their cost-of-acquisition records for both stocks to remain tax-compliant on future sales. This formal cost split helps shareholders accurately calculate capital gains when they eventually sell either ABFRL or ABLBL shares.