Aditya Birla Fashion and Retail Limited (ABFRL) has announced the corporatization of its Sabyasachi Calcutta LLP business into a newly incorporated entity, Sabyasachi India Limited. The Board of Directors approved the proposal, which includes an infusion of approximately ₹5.10 crore to acquire around 51% of the equity share capital. This strategic move will establish Sabyasachi India Limited as a subsidiary of ABFRL, aiming to streamline operations and future growth for the luxury designer brand.
ABFRL Board Approves Sabyasachi Corporatization
On August 8, 2026, the Board of Directors of Aditya Birla Fashion and Retail Limited (ABFRL) convened to consider and approve a significant strategic initiative: the corporatization of the Sabyasachi Calcutta LLP business. This business will be restructured into a newly incorporated company, to be named Sabyasachi India Limited.
Equity Infusion and Subsidiary Status
As part of the corporatization process, ABFRL has approved the infusion of approximately ₹5.10 crore into Sabyasachi India Limited. This investment will secure roughly 51% of the equity share capital of the new entity. Consequently, Sabyasachi India Limited will become a subsidiary of Aditya Birla Fashion and Retail Limited, marking a new phase for the renowned luxury fashion brand under the ABFRL umbrella.
Transaction Details
The Sabyasachi India Limited is incorporated on July 16, 2026, and is yet to commence its business operations. The business of the target entity falls under the Apparel, beauty, jewellery and accessories sector. The proposed acquisition is not expected to require any governmental or regulatory approvals and is anticipated to be completed within 15 days via cash consideration through normal banking channels. The total cost of acquisition is estimated at ₹5.10 crore, acquiring approximately 51% of the shareholding.
Source: BSE
