Aditya Birla Fashion & Retail Limited has announced the allotment of 5,500 fully paid-up equity shares under its TCNS Division Employee Stock Option Scheme on January 15, 2026. The allotment was approved by the company's Stakeholders Relationship Committee through a circular resolution dated January 15, 2026.

Share Allotment Details

The allotted shares carry a face value of ₹10 each and will rank pari passu with the existing fully paid-up equity shares of the company in all respects. The shares were issued pursuant to the exercise of options under the TCNS Scheme 2024.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up equity share capital. The capital structure has been revised following the share issuance under the employee stock option scheme.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this corporate action.

The newly allotted shares will carry the same rights and privileges as the existing equity shares of the company. This allotment represents the company's ongoing commitment to its employee incentive programs through structured stock option schemes.

Aditya Birla Fashion and Retail Limited has received a substantial tax demand order from Haryana's State Goods and Services Tax (SGST) authorities, totaling ₹13.29 crores. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations on December 31, 2025.

Tax Demand Details

The Deputy Excise and Taxation Commissioner, SGST, Gurugram (East), Government of Haryana, issued the order in Form DRC-07 on December 30, 2025. The company received the order on December 31, 2025. The updated demand breakdown shows a significant increase from the previous amount:

Nature of Violations

The tax demand order arose from the conclusion of audit proceedings, with the dispute covering multiple areas of GST compliance. The violations include discrepancies related to Input Tax Credit (ITC) on imports, place of supply mismatches, outward liability declared in GSTR1 returns, and ITC reversal on credit notes. This represents a broader scope compared to the initial dispute which focused primarily on GSTR1 versus GSTR3B discrepancies.

Issuing Authority Details

The order was issued by the Office of Deputy Excise and Taxation Commissioner, SGST, Gurugram (East), Government of Haryana, located at 2nd Floor, Sansadhan Bhawan, Sector-32, Gurugram. This represents an escalation in the authority level handling the case.

Company's Response and Impact Assessment

Aditya Birla Fashion and Retail Limited maintains that the demand will have no impact on its financial position, operations, or other business activities. The company firmly believes that the tax demand is not legally tenable under current law. Management has indicated its intention to file a suitable appeal against the order before "The Appellate Authority" to contest the enhanced demand.

Regulatory Compliance

The disclosure was made in compliance with SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing was signed by Rajeev Agrawal, Company Secretary & Compliance Officer (ACS 18877), ensuring proper regulatory adherence and transparency with stakeholders.