Arvind Fashions Limited announced its decision to acquire Flipkart India Private Limited's entire 31.25% shareholding in its subsidiary, Arvind Youth Brands Private Limited (AYBPL). This acquisition, made through a Share Purchase Agreement, is set to make AYBPL a wholly owned subsidiary of Arvind Fashions. AYBPL is primarily engaged in the wholesale and retail of apparels and accessories under the brand name "Flying Machine." For the financial year ended March 31, 2025, AYBPL reported a turnover of ₹432.16 Crores. The company's turnover for the preceding two years was ₹472.38 Crores in FY 2022-2023 and ₹458.24 Crores in FY 2023-2024. The transaction, valued at ₹135 Crores in cash consideration, is considered a related party transaction as the Seller is a related party to AYBPL. However, the Audit Committee of Arvind Fashions approved this transaction on December 29, 2025. The transaction is being undertaken at arm's length, based on a valuation report dated December 24, 2025, issued by B B S R & Associates LLP. The acquisition aims for operational efficiency and enhanced strategic control. The Board of Directors meeting commenced at 8:45 AM IST and concluded at 9:05 AM IST on December 29, 2025. The acquisition is expected to be completed by December 29, 2025.