FLIPKART DIVESTED 6% HOLDING ADITYA BIRLA FASHION & RETAIL ABFRL JUNE 4 2025 BULK DEAL ₹582 CRORE PANTALOONS LOUIS PHILIPPE VAN HEUSEN ALLEN SOLLY PETER ENGLAND STRATEGIC PARTNERSHIP MYNTRA REDEPLOY CAPITAL GROWTH TRAJECTORY 4 000 STORE NATIONAL
MUMBAI, MAHARASHTRA, INDIA
By IFAB MEDIA - NEWS BUREAU - June 4, 2025 | 178 2 minutes read
In a significant portfolio move on June 4, 2025, Flipkart divested its entire 6% holding in Aditya Birla Fashion & Retail Ltd (ABFRL) through a single bulk deal worth ₹582 crore. The transaction was executed on the Bombay Stock Exchange, where ABFRL shares briefly plunged 11.49% to an intraday low of ₹76.10 before recovering.
Flipkart’s stake in ABFRL—owner of brands such as Pantaloons, Louis Philippe, Van Heusen, Allen Solly, and Peter England—was originally acquired just under five years ago as part of a strategic partnership aimed at bolstering its fashion offerings on Flipkart and Myntra. By monetizing this position, Flipkart gains the flexibility to redeploy capital into other core initiatives, while ABFRL continues to drive its own growth trajectory.
Despite the initial market reaction to the bulk deal, ABFRL’s leadership has affirmed that Flipkart’s exit does not alter the company’s long-term strategy. The retailer—currently operating over 4,000 stores nationwide and hosting premium global labels like Ralph Lauren and Ted Baker—remains focused on strengthening omnichannel integration, expanding digital capabilities, and scaling high-growth segments such as athleisure and ethnic wear.
Analysts note that Flipkart’s decision reflects the evolving priorities within India’s fashion-retail landscape, where investors and strategic partners continually reassess their stakes in order to optimize returns. With ₹582 crore added to its coffers, ABFRL is poised to invest further in seamless offline-online experiences, while Flipkart redirects resources toward other growth avenues in its broader e-commerce ecosystem.