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Arvind Lifestyle Brands receives Rs 260 cr from Flipkart India

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Capital Market
Last Updated : Jul 21 2020 | 6:50 PM IST

As consideration for sale of minority stake in Arvind Youth Brands

Arvind Fashions announced that after completion of the customary conditions precedent, Arvind Lifestyle Brands, a subsidiary of the Company, received Rs 260 crore from Flipkart India as consideration for the sale of a significant minority stake in Arvind Youth Brands, another subsidiary of the Company.

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First Published: Jul 21 2020 | 6:27 PM IST

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