Announced Wed, 8 Jul · 14:05 IST
Iris Clothings to buy 51% stake in athleisure brand Infinia
Compliance View source PDF
IRISDOREME · price
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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹45.38
prior close
₹45.01
base price
In-mkt
timing
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-0.9-1.4-1.6—-1.5-3.1-3.9-3.3-0.2+3.2————
Up moveDown movePending
AI summary
Iris Clothings (IRISDOREME) will acquire a 51% stake in Infinia, a 6-year-old men's and women's athleisure brand. This expands Iris beyond its core kidswear business into a fast-growing apparel segment. For FY26, Iris posted total income of Rs 1,909 Mn, EBITDA of Rs 294 Mn, and net profit of Rs 162 Mn. The deal combines Infinia's brand and customer base with Iris's manufacturing and nationwide distribution across 26 states.
Likely market impact
Diversifies revenue beyond kidswear into a high-growth segment, likely positive for sentiment. Integration and execution risks remain.