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Flipkart Investments sells entire 6% stake in Aditya Birla Fashion and Retail

05 Jun 2025 Evaluate

Flipkart Investments has exited Aditya Birla Fashion and Retail (ABFRL) by selling its entire 6% stake in the company through block deals worth Rs 583 crore. As per the block deal, up to 7.31 crore equity shares of ABFRL were sold at a floor price of Rs 79.50 per share. 

Aditya Birla Fashion and Retail is engaged in providing branded fashion apparels and accessories, and the retail sale of clothing, footwear and leather articles in stores. 

Peers
Company Name CMP
Avenue Supermarts 3410.35
Trent 2965.50
Vishal Mega Mart 95.90
PN Gadgil Jewellers 599.70
Aditya Birla Life 73.76
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