ABFRL Subsidiary ABDFVL Acquires 100% Stake in Imperial Online
Aditya Birla Digital Fashion Ventures Limited (ABDFVL), a wholly owned subsidiary of Aditya Birla Fashion and Retail Ltd (ABFRL), has increased its stake in Imperial Online Services Private Limited (Imperial) by acquiring an additional 15.62% equity. This transaction makes Imperial a wholly owned subsidiary of ABDFVL and a step-down wholly owned subsidiary of ABFRL. The acquisition was executed as per the terms of a Share Subscription and Shareholders' Agreement dated July 11, 2022. Imperial, incorporated in 2012, is involved in manufacturing, marketing, and distribution of fashion apparel under the 'Urbano' brand, with a turnover of ₹119.38 Cr for FY26. The acquisition was completed on September 17, 2026, using cash consideration and did not require regulatory approvals.
Key Highlights
- ABDFVL now holds 100% stake in Imperial Online Services Private Limited.
- Imperial becomes a step-down wholly owned subsidiary of ABFRL.
- Transaction aligns with pre-defined milestones in a 2022 agreement.
- Imperial's FY26 turnover was ₹119.38 Cr.
- Acquisition completed via cash consideration, no regulatory approvals needed.
Price Impact
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