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Arvind Fashions' arm invests Rs 50 crore in Flying Machine operator AYBPL
Updated On: 02 October, 2026 03:23 PM IST | New Delhi | PTI
With the infusion, ALBL's stake in AYBPL will rise to 65.91 per cent from 60.40 per cent. Arvind Fashions, which directly holds the remaining equity, will see its direct shareholding fall to 34.09 per cent from 39.60 per cent
Representational Image. File pic.
Arvind Fashions said its wholly-owned material subsidiary Arvind Lifestyle Brands has invested about Rs 50 crore in Arvind Youth Brands, which operates the casualwear brand Flying Machine, through subscription to equity shares.
"The investment by ALBL (Arvind Lifestyle Brands Ltd) comprises subscription to 1,82,21,574 equity shares of AYBPL (Arvind Youth Brands Pvt Ltd) of face value Rs 10 each at an issue price of Rs 27.44 per equity share," according to a regulatory filing by the company.
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