Flipkart to offload 6% stake in Aditya Birla Lifestyle via block deal worth $112 million

Flipkart Investments Private Limited is set to divest up to 6% of its stake in Aditya Birla Lifestyle Brands through a block deal, sources told CNBC-TV8. The transaction is expected to raise approximately $112 million (₹935 crore) and is being termed as a “clean-up trade”.The offer price range for the sale has been set between ₹130.00 and ₹136.45 per share, a discount of up to 4.7% from the stock’s last closing price. The deal is likely to be executed on the stock exchanges on Monday (October 6), subject to market conditions.

The move is part of Flipkart’s portfolio rationalisation strategy, as the Walmart-owned e-commerce giant re-aligns its investments in the Indian retail space.

#JustIn | Block Deal in #ABLifestyle: #FlipkartInvsts to sell up to 6% of its stake in co

Block deal valued at approx $112 m, with an offer price in the range of Rs. 130-136.45/sh pic.twitter.com/mDsIFCGgUf— CNBC-TV18 (@CNBCTV18Live) October 5, 2025

Aditya Birla Lifestyle Brands, part of the Aditya Birla Group, operates in the premium apparel and lifestyle segment and manages brands across men’s and women’s wear categories.

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Following the completion of the deal, Flipkart’s holding in the company will fall to below 3%, marking an exit from a significant shareholding position.

Further details, including the identity of buyers or institutional participants, are yet to be disclosed.