Aditya Birla Fashion & Retail has consolidated its ownership of the Urbano fashion brand through a full acquisition of its digital operations arm.

The company’s wholly owned subsidiary, Aditya Birla Digital Fashion Ventures Limited (ABDFVL), acquired the remaining 15.62% equity stake in Imperial Online Services Private Limited on September 17, 2026. The transaction increases ABDFVL’s holding from 84.38% to 100%, making Imperial a step-down wholly owned subsidiary of Aditya Birla Fashion & Retail Limited.

Transaction Details

The acquisition was executed via cash consideration in accordance with the Share Subscription and Shareholders’ Agreement dated July 11, 2022. The deal fulfills pre-defined milestones for stake increase through secondary transactions.

Imperial Online Services, incorporated in 2012, is engaged in the manufacturing, marketing, and distribution of fashion apparel under the brand ‘Urbano’ across online and offline channels. The target entity reported a turnover of ₹119.38 crore for FY26.

What the Numbers Show

Imperial Online Services demonstrated consistent revenue growth over the past three fiscal years. Turnover rose from ₹66.78 crore in FY24 to ₹77.93 crore in FY25, before reaching ₹119.38 crore in FY26. This trajectory indicates accelerating top-line performance ahead of the full consolidation by the parent group.

The transaction does not fall under related party transactions, and no promoter or group companies hold an interest in the acquired entity beyond the corporate structure. The paid-up equity share capital of Imperial stands at ₹1,29,66,890 as on the date of acquisition.

Aditya Birla Fashion & Retail has incorporated a step-down subsidiary in the United Arab Emirates to expand its designer fashion footprint. The new entity, Sabyasachi Retail FZ-LLC, was registered in Ras Al Khaimah on September 16, 2026.

The incorporation was executed by Sabyasachi India Limited (SIL), a wholly owned subsidiary of Aditya Birla Fashion & Retail. SIL holds 100% of the paid-up share capital of the new UAE entity. The move aligns with the company’s strategy to scale its premium lifestyle brands internationally.

Entity Details

Sabyasachi Retail FZ-LLC is structured as a free zone limited liability company. The authorized capital stands at 3,458 shares with a par value of AED 1,000 each. The paid-up capital matches this amount, indicating full initial subscription.

Strategic Objective

The primary objective of Sabyasachi Retail FZ-LLC is to deal in designer apparels, jewellery, and accessories within the UAE market. The filing confirms that the subscription does not constitute a related party transaction under SEBI Listing Regulations. No promoter or group company holds an interest in the initial equity stake beyond the corporate structure.

The consideration for the acquisition was subscribed in cash at par value. As a newly incorporated entity, the turnover is not applicable. No governmental or regulatory approvals were required for this specific incorporation step.