Arvind Fashions Limited (AFL) has entered into a Share Purchase Agreement (SPA) with Flipkart India Private Limited to acquire Flipkart's entire 31.25% shareholding in Arvind Youth Brands Private Limited (AYBPL). This acquisition, valued at ₹135 Crores in cash consideration, aims to make AYBPL a wholly owned subsidiary of AFL for enhanced operational efficiency and strategic control. AYBPL, which operates the "Flying Machine" brand in the apparel and accessories segment, reported a turnover of ₹432.16 Crores for the financial year ended March 31, 2025. The transaction is considered a related party transaction as Flipkart India Private Limited is a related party to AYBPL, although not to AFL. The Audit Committee of AFL approved this transaction on December 29, 2025. The acquisition is being undertaken at arm's length, supported by a valuation report dated December 24, 2025, issued by B B S R & Associates LLP. Upon completion, Arvind Fashions Limited, along with its wholly owned subsidiary Arvind Lifestyle Brands Limited, will hold 100% of AYBPL on a fully diluted basis. The Board of Directors meeting commenced at 8:45 A.M (IST) and concluded at 9:05 A.M (IST) on December 29, 2025.