{"id":936641,"date":"2025-06-05T09:06:38","date_gmt":"2025-06-05T03:36:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=936641"},"modified":"2025-06-05T09:22:38","modified_gmt":"2025-06-05T03:52:38","slug":"flipkarts-arm-exits-aditya-birla-fashion-and-retail-sells-6-stake-for-rs-583-crore-via-block-deals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/05\/flipkarts-arm-exits-aditya-birla-fashion-and-retail-sells-6-stake-for-rs-583-crore-via-block-deals\/","title":{"rendered":"Flipkart&#8217;s arm exits Aditya Birla Fashion and Retail; sells 6% stake for Rs 583 crore via block deals"},"content":{"rendered":"<p>Flipkart Investments, an arm of e-commerce firm Flipkart, on Wednesday exited Aditya Birla Fashion and Retail by selling its entire 6 per cent stake in the company through block deals worth Rs 583 crore. <\/p>\n<p>Following the stake sale, shares of Aditya Birla Fashion &amp; Retail (ABFRL) plunged nearly 11 per cent to trade at Rs 76.94 apiece on NSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flipkart Investments, an arm of e-commerce firm Flipkart, on Wednesday exited Aditya Birla Fashion and Retail by selling its entire 6 per cent stake in the company through block deals worth Rs 583 crore. Following the stake sale, shares of Aditya Birla Fashion &amp; Retail (ABFRL) plunged nearly 11 per cent to trade at Rs 76.94 apiece on NSE.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-936641","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/936641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=936641"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/936641\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=936641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=936641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=936641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}