Wholly owned material subsidiary invests ₹49,99,99,990.60 in Flying Machine brand entity via preferential issue

Arvind Lifestyle Brands Limited (ALBL), the wholly owned and material subsidiary, has invested ₹49,99,99,990.60 in Arvind Youth Brands Private Limited (AYBPL), the Flying Machine brand entity.

Thu 1 Oct 2026

Investment Amount

₹49,99,99,990.60

Shares Subscribed

1,82,21,574 equity shares of face value ₹10/- each

Issue Price

₹27.44 per equity share

ALBL Stake in AYBPL

rises from 60.40% to 65.91%

Listed Company Direct Stake in AYBPL

falls from 39.60% to 34.09%

The company has informed the exchanges that its wholly owned and material subsidiary, Arvind Lifestyle Brands Limited (ALBL), has put fresh money into Arvind Youth Brands Private Limited (AYBPL), the entity that runs the Flying Machine brand.

What was done

• ALBL invested ₹49,99,99,990.60 in AYBPL by subscribing to equity shares issued on a preferential basis.
• The subscription is for 1,82,21,574 equity shares.
• Face value of each share is ₹10/- and the issue price is ₹27.44 per equity share.
• The consideration is a cash transaction, with 01st October, 2026 given as the completion date.

About AYBPL

• AYBPL is an existing subsidiary, engaged in the wholesale and retail of apparel and accessories under the brand "Flying Machine".
• It belongs to the apparel and retail industry and has a presence in India.
• Its turnover was ₹ 458.24 Crores in FY 2023-2024, ₹ 432.16 Crores in FY 2024-2025 and ₹ 404.75 Crores in FY 2025-26.

How the shareholding changes

• ALBL's equity shareholding in AYBPL rises from 60.40% to 65.91%.
• The listed company's own direct holding in AYBPL falls from 39.60% to 34.09%, since the fresh shares are issued to ALBL.
• The total effective group holding of the listed company and ALBL in AYBPL remains at 100%.
• The update states there will be no change in overall group control.

Related party position

• The subscription by ALBL of AYBPL shares is a related party transaction between ALBL and AYBPL.
• It has been done at arm's length, based on a valuation report issued by KPMG Valuation Services LLP, a registered valuer.
• Promoter, promoter group and group companies have no interest in AYBPL.

How a retail investor can read this

• It is a cash infusion from one part of the group into the brand-owning subsidiary; the equity shareholding of the group in AYBPL stays at 100% before and after.
• The change is in how that 100% is split between the listed company directly and through its subsidiary ALBL.
• The update does not indicate any change in control of AYBPL or of the group.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.