JV/AcquisitionAcquisition
Arvind Fashions (ARVINDFASN) is acquiring the remaining 31.25% stake in its subsidiary, Arvind Youth Brands (AYBPL), from Flipkart India for ₹135 Cr.
Arvind Fashions LimitedARVINDFASN · Filed with the exchange
This deal makes AYBPL, which operates the popular 'Flying Machine' apparel brand, a wholly-owned subsidiary of Arvind Fashions.
The move aims to enhance operational efficiency and strategic control over this key youth fashion segment.
AYBPL reported a turnover of ₹432.16 Cr for FY25, highlighting its significance.
This consolidation strengthens Arvind Fashions' grip on a vital brand.
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