SBI Life, Global Funds Acquire 6% Stake in Aditya Birla Lifestyle Brands as Flipkart Fully Exits

New Delhi, October 7, 2025: In a significant transaction of the secondary market, SBI Life Insurance, Aditya Birla Mutual Fund, Morgan Stanley, Goldman Sachs, and a set of off shore investors collectively acquired more than 7.31 crore shares, equivalent to a 6% stake of Aditya Birla Lifestyle Brands Ltd (ABLBL), for Rs 998 crore from Flipkart Investments Pvt Ltd by way of open market purchases.

Major Institutional Participation

According to NSE block deal data, purchasers are UTI MF, ICICI Prudential MF, Nippon India Mutual Fund, Ghisallo Capital Management, ICICI Prudential Life Insurance, Societe Generale, Amansa Capital (Singapore), and Pathstone (US). The stock purchase was made at an average price of Rs 136.45 per share, and its total value stands at Rs 998.41 crore.

Aditya Birla Sun Life MF acquired 36.62 lakh shares, which equate to a 0.3% stake, and SBI Life Insurance acquired a 1.73 crore shares stake (1.42% stake). That purchase took SBI’s total stake to 3.65%, whereas it previously held a stake of 2.23%.

Flipkart Completes Exit from ABLBL

The transaction also marks Flipkart’s complete exit from Aditya Birla Lifestyle Brands, with its funding arm, Flipkart Investments Pvt Ltd, having sold its entire stake at the same consideration. This follows Flipkart’s earlier divestment from Aditya Birla Fashion and Retail Ltd (ABFRL) in June 2025, when it offloaded its 6% stake for ₹588 crore.

ABLBL, a unit of Aditya Birla Group’s portfolio of lifestyle and fashion businesses, encompasses mid-market and high-end companies, including Louis Philippe, Van Heusen, Allen Solly, and Peter England.

Market Reaction and Performance

Aditya Birla Lifestyle Brands shares surged 7.01% on Monday, closing at ₹146.01 per share on NSE, buoyed by strong institutional buying and investor sentiment following Flipkart’s exit. The company reported a year-on-year rise of 4.92% in consolidated net profit for Q1 FY26, earning ₹24.06 crore, reflecting steady growth across its fashion apparel and accessories segments. As of August 7, 2025, 11:10 AM IST, the stock was trading with a modest 0.43% gain.

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