ABFRL Subsidiary Increases Stake in Bewakoof Brands by 10.02%

Aditya Birla Fashion and Retail Ltd (ABFRL) announced that its wholly owned subsidiary, Aditya Birla Digital Fashion Ventures Limited (TMRW), has acquired an additional 10.02% stake in Bewakoof Brands Private Limited. This secondary share purchase brings TMRW's total shareholding in Bewakoof to 99.03%. The acquisition was completed on June 08, 2026, as per the terms of a Share Subscription and Shareholders' Agreement dated March 22, 2023. Bewakoof Brands, operating in fashion apparel, footwear, and accessories, reported a turnover of ₹243.12 Cr for the financial year ended March 31, 2026. This move aligns with pre-defined milestones for stake increase and strengthens ABFRL's control over its subsidiary.