Flipkart Investments Private Limited is set to sell up to 6% of its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal, in a move aimed at portfolio rebalancing and strategic rationalisation, according to CNBC-TV18.
Transaction Details
- Stake for Sale: Up to 6% of ABFRL
- Expected Proceeds: Around ₹935 crore (~$112 million)
- Offer Price Band: ₹130.00 – ₹136.45 per share, reflecting a discount of up to 4.7% vs the latest closing price
- Execution Date: Monday, October 6, 2025, subject to market conditions
This sale is part of Flipkart’s broader strategy to recalibrate its investments in India’s retail sector. Initially, Flipkart invested in ABFRL in 2020 to strengthen omni-channel retail capabilities in fashion and lifestyle. Post-transaction, Flipkart’s stake is expected to drop below 3%, signaling a substantial step back from its earlier position.
About Aditya Birla Fashion
ABFRL is a leading player in India’s branded apparel market, managing a portfolio that includes Pantaloons, Van Heusen, Allen Solly, and Louis Philippe. The company has also expanded into ethnic wear and luxury fashion partnerships, catering to diverse segments of the Indian fashion industry.
Summary
- Flipkart to offload up to 6% stake in ABFRL via block deal.
- Transaction expected to raise ₹935 crore at a slight discount to market price.
- Post-sale, Flipkart’s holding will drop below 3%, reflecting portfolio rationalisation.
- ABFRL continues to be a key player in India’s branded apparel market, with strong omni-channel and lifestyle presence.
Disclaimer:
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