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Aditya Birla Fashions' rights entitlement shares tumble 39%

The dealings in the REs for Renunciation of Aditya Birla Fashion and Retail Ltd were permitted on BSE with effect from the July 8, 2020 and will close on July 17, 2020

fiscal deficit, shares, downward ratio
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SI Reporter Mumbai
Shares of Aditya Birla Fashions and Retail  – Rights Entitlement tanked 39 per cent to Rs 6.85 on the BSE on Thursday. The stock was trading lower for the fifth straight day and has plunged 78 per cent from its high of Rs 31.85, touched on July 9, 2020.

The dealings in the REs for Renunciation of Aditya Birla Fashion and Retail Ltd were permitted on the Exchange with effect from the July 8, 2020 and will close on July 17, 2020. The shares shall be settled on T+2 rolling settlement basis and the trades shall be settled on

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First Published: Jul 16 2020 | 1:55 PM IST

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