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Aditya Birla increases stake in Wrogn to 33% with an investment of Rs 75 Cr

  • Aditya Birla Fashion and Retail has increased its stake in Wrogn to 33% with an investment of Rs 75 crore.
  • The investment was made through Aditya Birla's subsidiary, Aditya Birla Digital Fashion Ventures Limited.
  • Wrogn, backed by Virat Kohli, experienced a revenue decline of about 30% in FY24.
  • Aditya Birla Group aims to make Wrogn a leading brand in men's casual and activewear category.

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