<ul><li>Aditya Birla Fashion shares are now trading “ex-demerger”, with the value adjusted to reflect the portion of the business being carved out.</li><li>Existing Aditya Birla Fashion shareholders will receive shares of the new company at a 1:1 ratio, getting one share of Aditya Birla Lifestyle Brands for every one share held in Aditya Birla Fashion.</li><li>Systematix maintains a Hold rating on the stock with a target price of Rs 90.</li></ul>

Aditya Birla Fashion Q4 Review — Demerger Brings Focus, But Path To Profitability Still Evolving: Systematix

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