The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Flipkart Investments Pvt Ltd
ABFRL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Smallcap 250 and 0.7 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Flipkart Investments Private Limited, a Singapore-based entity, has sold its entire holding of 73,170,731 equity shares (6.00% of total share capital, 6.02% of diluted capital) in Aditya Birla Fashion and Retail Ltd on June 4, 2025 through open market sale. After the transaction, Flipkart's holding in ABFRL stands at zero shares. Flipkart is not part of the promoter/promoter group of ABFRL and held no encumbered shares. This is a complete exit by a major non-promoter foreign shareholder, with the company noting no change in total equity or voting capital of ABFRL itself.
A complete exit by a 6% foreign shareholder could create short-term selling pressure on the stock and signals reduced confidence from a large institutional holder. However, since the sale was already executed in the open market, the immediate overhang may already be priced in; investors should watch for any buyer stepping in to absorb the stake.