"Flipkart Sells 5.94% Stake in Aditya Birla Lifestyle Brands for ₹951 Crore"

Cyril Amarchand Mangaldas acted as legal counsel for Goldman Sachs (India) Securities Private Limited in the recent transaction involving Flipkart's stake sale in Aditya Birla Lifestyle Brands. In this transaction, Flipkart Investments Private Limited sold 73,170,731 equity shares, representing a 5.94% stake in Aditya Birla Lifestyle Brands Limited. The sale was executed through a share sale on the screen-based trading platforms of BSE Limited and NSE Limited, with a reported aggregate amount of ₹951.21 crore. The transaction team from Cyril Amarchand Mangaldas was led by Manshoor Nazki, who is a Partner and Regional Co-Head of Capital Markets - South. He was assisted by Mansi Jhaveri, a Principal Associate, and Vishesh Jain, an Associate.

"Flipkart Sells 5.94% Stake in Aditya Birla Lifestyle Brands for ₹951 Crore"

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