Manshoor Nazki 
Dealstreet

Flipkart exits Aditya Birla Lifestyle Brands in 950 crore block deal; CAM advises Goldman Sachs

Flipkart has sold of 5.94% stake in Aditya Birla Lifestyle Brands.

Bar & Bench

Flipkart Investments Private Limited has made a sale of 73,170,731 equity shares (5.94 % stake) of Aditya Birla Lifestyle Brands Limited by way of a share sale on the screen-based trading platform of BSE Limited and NSE Limited, for a reported aggregate amount of ₹951.21 crore.

Cyril Amarchand Mangaldas advised Goldman Sachs (India) Securities Private Limited which acted as the placement agent on this transaction.

The transaction team was led by Manshoor Nazki (Partner, Regional Co-Head - Capital Markets - South); with assistance from Mansi Jhaveri (Principal Associate) and Vishesh Jain (Associate).

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