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Arvind Fashions to acquire Flipkart's 31.25% stake in Arvind Youth Brands for Rs 135 cr. AYBPL to become wholly-owned ...

Arvind Fashions to acquire 31.25% stake in Arvind Youth Brands from Flipkart for ₹135 crore, becoming a wholly-owned subsidiary.

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Arvind Fashions said that it would acquire Flipkart Group's stake in Arvind Youth Brands (AYBPL) for Rs 135 crore, thereby making AYBPL a wholly owned subsidiary.