Flipkart Exits Aditya Birla Fashion With ₹5.9 Billion Bulk Sale

Flipkart has sold its entire 6% stake in Aditya Birla Fashion and Retail Ltd through a bulk deal on the National Stock Exchange, the company said.

Flipkart Investments Pvt. Ltd offloaded 73.17 million shares at ₹80.32 each, raising about ₹5.9 billion.
On market open, over 76 million shares traded at ₹80.92 per share, worth ₹6.15 billion.