Abraham & Thakore Private Limited (A&T), a Reliance Retail Ventures Limited (RRVL) subsidiary, has transferred ownership back to its founder shareholders. On December 19, 2025, equity rights were issued, resulting in the founders holding 50.91% of voting rights. Consequently, A&T is no longer a subsidiary of Reliance Industries.
Ownership Restructuring at A&T
Abraham & Thakore Private Limited (“A&T”), formerly a subsidiary of Reliance Retail Ventures Limited (“RRVL”), has undergone a significant ownership change. The transaction occurred on December 19, 2025, and involved the issuance of equity rights.
Key Details of the Transaction
The issuance of equity rights transferred control of A&T back to its founder shareholders (fashion designers). These shareholders now hold 50.91% of the voting rights within the company.
Implications of the Change
As a direct result of this transfer, A&T has ceased to be a subsidiary of Reliance Industries. The company received official intimation of this change from RRVL on December 19, 2025, at 06:17 p.m. (IST).
Source: BSE