Aditya Birla Fashion Shares Plunge 8% After ₹289 Crore Equity Transaction

• Aditya Birla Fashion and Retail Ltd. (ABFRL) shares dropped 8% on Tuesday, January 20, following a significant equity transaction.
• A total of 4.35 crore shares, representing 3.57% of ABFRL's outstanding equity, were traded for ₹289 crore at an average price of ₹66.4 per share.
• Separately, 2.8% of Aditya Birla Lifestyle Brands' equity also changed hands in a large trade, with buyers and sellers remaining undisclosed.
• Block deals were anticipated in both Aditya Birla Group companies, with an institutional investor expected to sell up to 3% equity in Aditya Birla Lifestyle Brands for $43 million and another in ABFRL for $32 million.
• Previous major transactions include Flipkart Investments Pvt. Ltd. selling a 6% stake in Aditya Birla Lifestyle Brands for ₹998 crore in October 2025.

Why It Matters: Aditya Birla Fashion shares fell sharply after a large equity transaction, with more block deals anticipated.