Arvind Fashions to acquire 31.25% stake of Flipkart in Arvind Youth Brands for ₹135 cr
New Delhi: Arvind Fashions Ltd on Monday said it will acquire Flipkart group’s 31.25 per cent stake in Arvind Youth Brands Pvt Ltd for ₹135 crore.
Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name ‘Flying Machine’. It had a turnover of ₹432.16 crore in the financial year ended March 31, 2025, the company said in a regulatory filing.
