<h1>Aditya Birla Fashion and Retail Approves Corporatization of Sabyasachi Calcutta LLP into New Subsidiary</h1>
Aditya Birla Fashion and Retail Limited (ABFRL) announced that its Board of Directors has approved the proposal to corporatize Sabyasachi Calcutta LLP. The move involves turning the LLP into a newly incorporated company, Sabyasachi India Limited, making it a subsidiary of ABFRL.
The approval followed a meeting held on August 8, 2026. Under this resolution, ABFRL will invest approximately ₹5.10 crore in Sabyasachi India Limited to secure a controlling stake in the new entity.
Sabyasachi Calcutta LLP is set to be transformed into Sabyasachi India Limited, which has been incorporated on July 16, 2026, and is yet to commence business. The transformation involves a total infusion of approximately ₹10 crore by the existing partners of Sabyasachi Calcutta LLP, distributed in proportion to their current holding ratio of 51:49.
Following this investment and corporatization, Sabyasachi India Limited will become a subsidiary of Aditya Birla Fashion and Retail Limited. The business area for the new entity spans apparel, beauty, jewellery, and accessories.
Key details regarding the acquisition and the new entity are summarized below:
| Detail | Information |
|---|---|
| New Entity Name | Sabyasachi India Limited (Sabya India) |
| Incorporation Date | July 16, 2026 |
| Industry Focus | Apparel, beauty, jewellery and accessories |
| ABFRL Investment | Approximately ₹5.10 crore |
| Control Acquired by ABFRL | Approximately 51% of the equity share capital |
| Transaction Type | Cash consideration via normal banking channel remittance |
| Completion Timeline | Approximately 15 days |
ABFRL Stock Price Movement
Aditya Birla Fashion and Retail Limited shares edged higher on Friday, closing at ₹63.33 after gaining 0.24%. The stock saw a volume of 6.58 million shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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