Finance October 06, 2025

SBI Life Insurance, Aditya Birla MF, others buy 6% stake in AB Lifestyle Brands for Rs 998 cr

Unknown Author
SBI Life Insurance, Aditya Birla MF, others buy 6% stake in AB Lifestyle Brands for Rs 998 cr

SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6 per cent stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday.

SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6 per cent stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday.

More from Economic Times
LG Electronics IPO: Co raises Rs 3,475 crore from anchor investors; ADIA, Goldman Sachs among buyers
LG Electronics IPO: Co raises Rs 3,475 crore from anchor …

LG Electronics India has raised Rs 3,475 crore from anchor investors ahead of its IPO, …

2 hours, 51 minutes ago Finance
Sebi chairman warns retail investors against speculative trading in derivatives
Sebi chairman warns retail investors against speculative trading in derivatives

SEBI Chairman Tuhin Kanta Pandey advises retail investors to avoid speculative derivative trading, emphasizing risks …

3 hours, 46 minutes ago Finance
Only 36% investors have adequate stock market knowledge, says Sebi Chairman, shares 4 tips to avoid scams
Only 36% investors have adequate stock market knowledge, says Sebi …

SEBI Chairman Tuhin Kanta Pandey warns that only 36% of investors have adequate market knowledge, …

4 hours, 7 minutes ago Finance
Ahead of Market: 10 things that will decide stock market action on Tuesday
Ahead of Market: 10 things that will decide stock market …

Indian markets rose for the third session, led by strong gains in banking, financials, and …

4 hours, 18 minutes ago Finance
Latest Articles
Plume Network gains SEC transfer agent status to bring TradFi onchain
Plume Network gains SEC transfer agent status to bring TradFi …

Plume’s SEC registration lets it manage tokenized securities under US law, a step toward merging …

2 hours, 13 minutes ago Finance
Form 6K Ferrari N.V. For: 6 October
Form 6K Ferrari N.V. For: 6 October

2 hours, 14 minutes ago Finance
Form 13G iSHARES TRUST For: 6 October
Form 13G iSHARES TRUST For: 6 October

2 hours, 14 minutes ago Finance

Advertisement