BSECompany Update5d ago · 14 Aug 2026, 09:02 pm
Shareholding increase in step-down subsidiary - Pratyaya E-Commerce Private Limited
Aditya Birla Fashion and Retail Ltd · 535755
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Aditya Birla Fashion and Retail Ltd has informed that its wholly owned subsidiary Aditya Birla Digital Fashion Ventures Ltd has increased its stake in step-down subsidiary Pratyaya E-Commerce Private Ltd from 87.57% to 93.79% through a share purchase transaction.
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Governance Concern1/10
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Balance Sheet Risk1/10
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Aditya Birla Fashion and Retail Ltd - 535755 - Shareholding Increase In Step-Down Subsidiary - Pratyaya E-Commerce Private Limited
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August 14, 2026
BSE Limited National Stock Exchange of India Limited
Scrip code: 535755 Symbol: ABFRL
Sub.: Shareholding increase in step-down subsidiary - Pratyaya E-Commerce Private Limited
Ref.: a. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and
b. SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026 (“SEBI Master Circular”)
With reference to the captioned subject, we wish to inform that Aditya Birla Digital Fashion Ventures
Limited (“ABDFVL”), a wholly owned subsidiary of the Company has today i.e., August 14, 2026,
purchased an additional 6.21% equity shares of its subsidiary Pratyaya E-Commerce Private Limited
(“Pratyaya”).
The transaction is in accordance with the terms of the Share Subscription and Shareholders’
Agreement dated June 23, 2022 with pre-defined milestones for increase in stake of ABDFVL in
Pratyaya through stake purchase/secondary transaction. Consequent to the above, holding of ABDFVL
in Pratyaya has increased from 87.57% to 93.79%.
Brief details in accordance with the SEBI Listing Regulations read with aforesaid SEBI Master Circular
are annexed herewith as Annexure A.
The above is being made available on the website of the Company i.e., www.abfrl.com.
This is for your information and record.
Thanking you.
Sincerely,
For Aditya Birla Fashion and Retail Limited
Rajeev Agrawal
Company Secretary & Compliance Officer
ACS 18877
Encl.: As above
ADITYA BIRLA FASHION AND RETAIL LIMITED
Registered Office:
Piramal Agastya Corporate Park, Building ‘A’, CIN: L18101MH2007PLC233901 Website: www.abfrl.com
4th and 5th Floor, Unit No. 401, 403, 501, 502, Tel.: +91 86529 05000 E-mail: secretarial@abfrl.adityabirla.com
L.B.S. Road, Kurla, Mumbai - 400 070 Fax: +91 86529 05400
Annexure A
Sr. No. Particulars Details
a) Name of the target entity, details in brief such as Name - Pratyaya E-Commerce Private Limited (“Pratyaya”)
size, turnover etc.
Brief Details: The Target Entity is a subsidiary company of
Aditya Birla Digital Fashion Ventures Limited (“ABDFVL”), a
wholly owned subsidiary of the Company.
The total paid-up Equity Share Capital of Target Entity as of
date is Rs. 1,21,90,041 (Rupees One Crore Twenty-One Lakh
Ninety Thousand Forty-One) and the turnover of Target Entity
for the financial year ended March 31, 2026 is Rs. 203.01 Cr.
b) Whether the acquisition would fall within No, the said equity acquisition does not fall within the
related party transaction(s) and whether the definition of Related Party Transaction.
promoter/ promoter group/ group companies
have any interest in the entity being acquired? If None of the promoter/promoter group/group companies have
yes, nature of interest and details thereof and any interest in the acquisition of the above equity stake.
whether the same is done at “arm’s length”.
c) Industry to which the entity being acquired Fashion apparel and accessories
belongs.
d) Objects and impact of acquisition (including but Transaction is in accordance with the terms of the Share
not limited to, disclosure of reasons for Subscription and Shareholders’ Agreement dated June 23,
acquisition of target entity, if its business is 2022 with pre-defined milestones for increase in stake of
outside the main line of business of the listed ABDFVL in Pratyaya through stake purchase/secondary
entity). transaction.
ABDFVL, being the holding company of Pratyaya, has increased
its stake from 87.57% to 93.79%.
e) Brief details of any governmental or regulatory No regulatory approvals are required.
approvals required for the acquisition.
f) Indicative time period for completion of the Completed.
acquisition.
g) Consideration- whether cash consideration or Cash consideration.
share swap or any other form and details of the
same.
h) Cost of acquisition and/or the price at which the The shares are acquired as per the agreed terms & conditions
shares are acquired. under the Share Subscription and Shareholders’ Agreement
dated June 23, 2022.
i) Percentage of shareholding/control acquired Through the subject transaction, ABDFVL has increased its
and/or number of shares acquired. holding from 87.57% to 93.79% in Pratyaya
j) Brief background about the entity acquired in Incorporated in the year 2014;
terms of products/line of business acquired, Engaged in the business of manufacturing, marketing, and
date of incorporation, history of last 3 years distribution (both online & offline) of fashion apparel
turnover, country in which the acquired entity under the brand ‘Nobero’;
has presence and any other significant Revenue for last 3 years from business were
information (in brief). INR 203.01 Cr. (FY 26); INR 133.54 Cr. (FY25), INR 45.44 Cr.
(FY24)
ADITYA BIRLA FASHION AND RETAIL LIMITED
Registered Office:
Piramal Agastya Corporate Park, Building ‘A’, CIN: L18101MH2007PLC233901 Website: www.abfrl.com
4th and 5th Floor, Unit No. 401, 403, 501, 502, Tel.: +91 86529 05000 E-mail: secretarial@abfrl.adityabirla.com
L.B.S. Road, Kurla, Mumbai - 400 070 Fax: +91 86529 05400