Overview

• Flipkart Investments sold its entire 6% stake in ABFRL through a block deal of 7.31 crore shares at Rs 79.50 per share, raising Rs 583 crore.
• Goldman Sachs served as the sole bookrunner for the transaction executed on June 4 at a 7.6% discount to Tuesday’s closing price.
• ABFRL’s share price plunged over 9% to a two-month low near Rs 77, with intraday trading volumes well above average.
• Two weeks after spinning off its lifestyle labels into Aditya Birla Lifestyle Brands, ABFRL reported a narrowed Q4 FY25 net loss of Rs 23.55 crore and a rise in revenue to Rs 1,719.48 crore.
• Aditya Birla Lifestyle Brands is slated to debut on the bourses by the end of June 2025, completing the group’s corporate restructuring.