News Image
CNBCTV18

Aditya Birla Lifestyle Brands shares gain nearly 11% after potential exit from Flipkart

Published on 06/10/2025 11:02 AM

Aditya Birla Lifestyle Brands shares gain nearly 11% after potential exit from FlipkartIn 2020, Flipkart had invested in Aditya Birla Life as part of a partnership aimed at improving omni-channel capabilities for fashion and lifestyle brands.By Vivek Iyer   October 6, 2025, 11:02:54 AM IST (Published)2 Min ReadShares of Aditya Birla Lifestyle Brands Ltd. gained up to 11% on Monday, October 6, after 5.93% of its equity, or 7.24 crore of its shares, changed hands in a block deal window.

The official buyers and sellers of the transaction are not yet known.

On Sunday, October 5, CNBC-TV18 had reported, citing sources that Flipkart Investments Private Limited was set to divest up to 6% of its stake in the company via a block deal. The transaction was expected to raise around ₹935 crore and was being termed a 'clean-out trade'.

At the end of the June quarter, Flipkart Investments held 6.02% stake in Aditya Lifestyle Brands Ltd.

Sources said the offer price was in the ₹130-₹136.45 apiece range. The movie is part of Flipkart's portfolio rationalisation strategy, as the Wallmart-owned e-commerce giant realigns its investments in the Indian retail space, sources said.

In 2020, Flipkart had invested in Aditya Birla Life as part of a partnership aimed at improving omni-channel capabilities for fashion and lifestyle brands.

Shares of Aditya Birla Lifestyle Brands gained 10.5% on Monday to hit an intraday high of ₹150.75 apiece. The stock was up 8.2% at ₹147.65 apiece around 10.30 am. It has declined 7.3% in the last six months.

Also Read: Poonawalla Fincorp shares surge up to 8% to new highs after Q2 AUM grows 67%Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAditya BirlaAditya Birla Groupblock dealshare market today