Date: October 1, 2026
Disinvestment / Strategic Actions
Arvind Lifestyle Brands Limited (ALBL), a wholly owned and material subsidiary of Arvind Fashions Limited, has made an investment of ₹49,99,99,990.60 (Rupees Forty Nine Crores Ninety Nine Lakh Ninety Nine Thousand Nine Hundred Ninety and Sixty Paise Only) in Arvind Youth Brands Private Limited (AYBPL).
The investment was made by way of subscription to 1,82,21,574 (One Crore Eighty Two Lakh Twenty One Thousand Five Hundred and Seventy Four) equity shares of AYBPL of face value ₹10/- each at an issue price of ₹27.44 per equity share on a preferential basis.
Ownership Impact:
- ALBL's equity shareholding in AYBPL increases from 60.40% to 65.91%
- Arvind Fashions Limited's direct equity shareholding in AYBPL reduces from 39.60% to 34.09%
- The total effective group holding of AFL and ALBL in AYBPL remains at 100%
- There will be no change in overall group control
Transaction Details:
- Transaction completed on October 1, 2026
- Cash consideration paid
- Related party transaction between ALBL and AYBPL
- Conducted at 'arm's length' based on valuation report by KPMG Valuation Services LLP (Reg No: IBBI/RV-E/06/2020/115)
- Promoter/promoter group/group companies have no interest in AYBPL
- No governmental or regulatory approvals required
Target Entity Background:
- Name: Arvind Youth Brands Private Limited (AYBPL)
- Business: Wholesale and retail of apparels and accessories under the brand name "Flying Machine"
- Industry: Apparel and Retail Industry
- Date of Incorporation: February 27, 2020
- Presence: India
- Turnover History:
- FY 2023-2024: ₹458.24 Crores
- FY 2024-2025: ₹432.16 Crores
- FY 2025-26: ₹404.75 Crores