Aditya Birla Fashion and Retail Limited (ABFRL), formerly Pantaloons Fashion & Retail Limited, has appointed Ashish Dikshit as the Managing Director of the company w.e.f February 1, 2018, in place of Pranab Barua. The appointment of Dikshit, who is presently serving as business head of the Madura Fashion and Lifestyle division, is for a period of five years.