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Arvind Fashions Arm Boosts Stake in Flying Machine Operator with Rs 50 Crore Infusion
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News18•02-10-2026, 14:45
Arvind Fashions Arm Boosts Stake in Flying Machine Operator with Rs 50 Crore Infusion
- •Arvind Lifestyle Brands, a subsidiary of Arvind Fashions, invested Rs 50 crore in Arvind Youth Brands (AYBPL), operator of the Flying Machine brand.
- •The investment was made through the subscription of 1,82,21,574 equity shares of AYBPL at Rs 27.44 per share.
- •This infusion increases ALBL's stake in AYBPL from 60.40 per cent to 65.91 per cent.
- •Arvind Fashions' direct shareholding in AYBPL will decrease from 39.60 per cent to 34.09 per cent, but the combined group holding remains 100 per cent.
- •AYBPL, incorporated in 2020, engages in wholesale and retail of apparel and accessories under the Flying Machine brand in India.
Key Questions Answered
Arvind Lifestyle Brands invested approximately Rs 50 crore in Arvind Youth Brands Private Limited by subscribing to 1,82,21,574 equity shares at an issue price of Rs 27.44 each.
Following the investment, Arvind Lifestyle Brands' stake in AYBPL increased from 60.40 per cent to 65.91 per cent. Meanwhile, Arvind Fashions' direct shareholding decreased from 39.60 per cent to 34.09 per cent, keeping the combined group holding at 100 per cent.
The turnover of Arvind Youth Brands stood at Rs 404.75 crore in the 2025-26 financial year, declining from Rs 432.16 crore in 2024-25 and Rs 458.24 crore in 2023-24.
