Date: June 8, 2026
Disinvestment / Strategic Actions
- Entity Involved: Bewakoof Brands Private Limited (\"Bewakoof\")
- Transaction Type: Secondary share purchase by Aditya Birla Digital Fashion Ventures Limited (\"TMRW\"), a wholly owned subsidiary of Aditya Birla Fashion and Retail Limited
- Stake Acquired: 10.02% equity shareholding
- Transaction Date: June 08, 2026
- Resulting Stake: TMRW's holding increased from 89.01% to 99.03% of Bewakoof's equity share capital
- Basis for Transaction: Executed as per pre-defined terms and conditions under the Share Subscription and Shareholders' Agreement dated March 22, 2023
- Related Party Status: Does not qualify as related party transaction. No promoter/promoter group/group companies have any interest in the acquisition
- Regulatory Approvals: No regulatory approvals required for this acquisition
Target Entity Details
- Business Description: Bewakoof is engaged in manufacturing, marketing, and distribution (both online & offline) of fashion apparel, footwear & accessories under the brand 'Bewakoof'
- Industry: Fashion apparel, footwear and accessories
- Date of Incorporation: 2011
- Paid-up Equity Share Capital: ₹9,16,840 (Rupees Nine lakhs Sixteen thousand Eight Hundred and Forty)
- Financial Performance:
- FY26 Turnover: ₹243.12 crore
- FY25 Turnover: ₹172.97 crore
- FY24 Turnover: ₹160.85 crore