Aditya Birla Lifestyle Brands Limited has informed the Exchange regarding a press release dated Jun 23, 2025, titled "Aditya Birla Lifestyle Brands Limited debuts on the bourses".
ABLBL · price
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Aditya Birla Lifestyle Brands Limited (ABLBL) debuted on the BSE and NSE on June 23, 2025, following the demerger of the Aditya Birla Group's western wear and lifestyle fashion business from its parent. The listing price was Rs. 172.84 on NSE and Rs. 167.75 on BSE. ABLBL's portfolio includes brands such as Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter, American Eagle, Reebok, and Van Heusen Innerwear. Chairman Kumar Mangalam Birla stated the ambition to build India's first portfolio of billion-dollar fashion and lifestyle brands, with management targeting a doubling of scale and improved profitability over the next five years.
This is the first trading day for ABLBL shares, which were allotted to existing shareholders of the parent company through the demerger. Shareholders now have a separately listed stock to trade, and the debut prices will set the initial reference point for short-term market sentiment around the new entity.