The Aditya Birla Group family with 55.47% shareholdings is the sponsor of the Company. Being a listed company, the balance shares are held by financial institutional investors and the public.                                                 

  The cash outflow for acquisition is estimated at INR 16.50 billion, (approximately US$200 million), of which IFC’s proposed investment would fund up to INR7.5 billion and the balance is proposed to be funded through ABFRL’s internal accruals and equity.                                                 

 The Project location will be India.

This is a Category B project as per IFC’s Policy on Environmental and Social Sustainability. Key E&S risks associated with the project include: 1) Company's E&S management capacity to: assess the E&S risks and impacts of TCNS operations; and formulate, and implement corrective actions in line with local regulations and IFC PS requirements; 2) assurance of fair, safe, and healthy working conditions in compliance with local labor laws and IFC’s PS2 requirements, including (but not limited to) supply chain management; third party worker rights; freedom to associate; working hours, weekly off, overtime, social security schemes and welfare amenities; gender-based violence and harassment (GBVH), prevention of sexual harassment (POSH); and accessible grievance redress mechanisms (GRM) to all category of workers/employees including 3rd party workers; 3) resource efficiency, green-house gas emission (GHG) and waste management; 4) life and fire safety infrastructure and management systems at all operational buildings including offices, warehouses and retail stores; and 5) security management, stakeholder engagement and external grievance mechanism.