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Flipkart Investments is diluting its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLB) by selling 7.3 Cr shares at a base price of INR 130 per share
ABLBL emerged after the vertical demerger of western wear brands within the Madura Fashion and Lifestyle’s business from ABFRL into a newly incorporated entity
It has lifestyle brands like Louis Philippe, Van Heusen, Allen Solly, Peter England and Simon Carter in its portfolio
Flipkart Investments, the…
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Flipkart Investments is diluting its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLB) by selling 7.3 Cr shares at a base price of INR 130 per share
ABLBL emerged after the vertical demerger of western wear brands within the Madura Fashion and Lifestyle’s business from ABFRL into a newly incorporated entity
It has lifestyle brands like Louis Philippe, Van Heusen, Allen Solly, Peter England and Simon Carter in its portfolio
Flipkart Investments, the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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