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    Business StandardITNewspapers

    E-commerce giant Flipkart offloads 6% stake in ABFRL; sells 73 mn shares

    Binu Mathew
    By Binu MathewJune 5, 2025

    Flipkart Investments on Wednesday offloaded 6 per cent stake in Aditya Birla Fashion & Retail Ltd (ABFRL) for ₹588 crore. The e-commerce giant sold 73.17 million shares at ₹80.32 apiece. Shares of ABFRL fell nearly 11 per cent in secondary market trading to end at ₹76.8.

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