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Blackstone invests Rs 1,750 crore in Future Lifestyle Fashions and its holding company

15 Nov 2019 Evaluate

Blackstone has invested Rs 1,750 crore (including by way of debentures) in Future Lifestyle Fashions (FLFL) and Ryka Commercial Ventures (Ryka), the holding company of FLFL. With this transaction, Blackstone will be the only financial partner in Ryka. As a part of the transaction, Blackstone has also acquired a 6% stake in FLFL through a block deal with Ryka.

Proceeds of the investment has been utilized to retire/pre-retire all existing financial obligations of Ryka, consolidating FLFL’s encumbrances with one long term investor. FLFL and the Future Group are expected to benefit from Blackstone’s portfolio operations team to create value in its business.

Future Lifestyle Fashions is an integrated lifestyle brands and fashion retail company. The company operates a portfolio of brands that are well diversified across key growth categories like women’s wear, fast fashion and casual wear.

Future Lifestyle Share Price

1.84 0.05 (2.79%)
11-May-2026 16:59 View Price Chart
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