Flipkart Investments exits Aditya Birla Lifestyle Brands by selling 6% stake to 12 investors for Rs 998.4 crore

Block deals on October 6

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26 Aug, 2025 12:21

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Flipkart Investments exited Aditya Birla Lifestyle Brands, the part of Aditya Birla Group, by selling its entire 6.02 percent shareholding in the company via open market transactions on October 6.

Aditya Birla Lifestyle Brands shares rallied 7.5 percent to close at Rs 146.72 after strong gap-up opening, though there was profit booking at higher levels.

Flipkart Investments sold 7.3 crore shares (6.02 percent stake) in the company that owns lifestyle brands of Louis Philippe, Van Heusen, Allen Solly, Peter England and Simon Carter, at Rs 136.45 per share, for Rs 998.4 crore.

Morgan Stanley, Societe Generale, Amansa Holdings, Goldman Sachs, Aditya Birla Sun Life MF, UTI AMC, ICICI Prudential Life Insurance, ICICI Prudential MF, Nippon India MF, and SBI Life Insurance Company were among 12 investors, buying the entire 6.02 percent stake sold by Flipkart Investments.

Meanwhile, Eternal shares remained in focus, rising 2.02 percent to Rs 335.10. BofA Securities Europe SA bought 81 lakh shares (0.08 percent stake) in Zomato parent at Rs 328.45 per share, valued at Rs 266.04 crore from Goldman Sachs Bank Europe SE - ODI.

BofA Securities Europe SA also bought 3,54,060 shares (0.4 percent stake) in Optiemus Infracom at Rs 672.1 per share, from Dymon Asia Multi-Strategy Investment (Singapore), valued at Rs 23.79 crore. The stock closed at Rs 663.7, down 2.23 percent.

The action was also seen in Pace Digitek, which closed 0.46 percent lower at Rs 217.99 on its market debut. Morgan Stanley Asia Singapore Pte bought 12 lakh s shares in the telecom infrastructure solutions provider at Rs 220.95 per share, however, Necta Bloom One sold 21.02 lakh shares at Rs 224.99 per share.

Embassy Office Parks REIT was under pressure, falling 1.43 percent to Rs 420. Kotak Performing Re Credit Strategy Fund-I sold 90.43 crore units of the REIT at Rs 421 per unit.