Flipkart Investments Private Limited is preparing to offload up to 6% of its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal, as per a news report by CNBC-TV18.
The transaction will collect around ₹935 crore (approximately $112 million), is being positioned as a "clean-up trade", aimed at portfolio rebalancing. The stake sale is expected to be executed on the stock exchanges on Monday, October 6, subject to market conditions. The offer price band has been set between ₹130.00 and ₹136.45 per share, reflecting a discount of up to 4.7% compared to ABFRL's most recent closing price.
This move comes as part of Flipkart’s broader portfolio rationalisation strategy, with the Walmart-owned e-commerce major recalibrating its investments in India's retail sector. Flipkart initially invested in ABFRL in 2020 to strengthen omni-channel retail capabilities in the fashion and lifestyle space.
Post-transaction, Flipkart’s stake in ABFRL is expected to dip below 3%, effectively marking a significant step back from its earlier substantial shareholding in the company.
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Aditya Birla Fashion and Retail is among the leading players in India’s branded apparel market, managing a strong portfolio including Pantaloons, Van Heusen, Allen Solly, and Louis Philippe. In recent years, the company has also forayed into ethnic wear and luxury fashion partnerships, expanding its presence across diverse segments.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Oct 6, 2025, 9:45 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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