Date: June 8, 2026
Acquisition Details
Libas Consumer Products Limited has proposed acquisition of 51% equity stake in LA Rambla Lifestyle Private Limited ("investee company") in one or more tranches. A Shareholders Agreement will be executed between the Company and the investee company.
Target Company Information
Name: LA Rambla Lifestyle Private Limited
Date of Incorporation: March 15, 2018
Country of Incorporation: India
Industry: E-commerce business of handbag
Financial Summary (₹ in lakh):
| Financial Year | Turnover | PAT | Networth |
| 2024-25 | 136.66 | 7.81| 19.88 |
| 2023-24 | 76.12 | 0.06| 12.07 |
| 2022-23 | 485.71 | 0.64| 11.94 |
Transaction Details
Related Party Status: The acquisition will not fall under related party transaction. However, post-acquisition, the investee company will become a subsidiary of Libas and consequently a related party.
Strategic Rationale: The acquisition represents a decisive step in the strategic evolution of Libas Consumer Products Limited. By integrating the investee company's capabilities, the Company intends to transition toward a highly diversified, multi-engine growth model engineered to maximize long-term stakeholder wealth.
Governmental Approvals: No Indian Governmental or regulatory approvals are required.
Completion Timeline: Indicative time period for completion will be as per the terms and conditions to be agreed in the Shareholders Agreement.
Consideration: Cash consideration
Investment Amount: The Board has granted approval to invest up to ₹1.5 crore for 51% equity stake in one or more tranches. The investment will be made as per the valuation arrived.