StockWatch
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Speciality Retail
Acquisitions8 Aug 2026, 04:40 pm

ABFRL to Invest ₹5.10 Cr for 51% Stake in Sabyasachi India

AI Summary

Aditya Birla Fashion and Retail Ltd (ABFRL) announced that its Board of Directors has approved the corporatization of Sabyasachi Calcutta LLP into Sabyasachi India Limited. ABFRL will invest approximately ₹5.10 crore for a 51% equity stake in the new entity, making it a subsidiary. Sabyasachi India Limited was incorporated on July 16, 2026, and is yet to commence business. The transaction is expected to be completed within approximately 15 days and does not require governmental or regulatory approvals. The infusion of capital will be through cash consideration via normal banking channels.

Key Highlights

  • ABFRL to invest ₹5.10 crore for a 51% stake in Sabyasachi India Limited.
  • Sabyasachi India Limited will become a subsidiary of ABFRL.
  • The new entity is being corporatized from Sabyasachi Calcutta LLP.
  • Acquisition is expected to be completed within 15 days.
  • No governmental or regulatory approvals are required.