Piramal Investment and Industries Corporation Limited has disclosed a substantial acquisition of shares in Aditya Birla Fashion and Retail Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition increases Piramal's shareholding in the fashion retailer from 3.67% to 5.67%.

Acquisition Details

The transaction involved the purchase of 2.44 crore equity shares through open market operations. The acquisition was executed across multiple trading sessions between December 23-29, 2025.

Shareholding Pattern Changes

The acquisition has resulted in a significant change in Piramal's shareholding pattern in Aditya Birla Fashion and Retail Limited.

Transaction Timeline

The share acquisition was completed through multiple transactions over four trading days:

• December 23, 2025: 81,00,000 equity shares
• December 24, 2025: 61,00,000 equity shares
• December 26, 2025: 81,00,000 equity shares
• December 29, 2025: 21,00,000 equity shares

Company Structure and Compliance

Piramal Investment and Industries Corporation Limited belongs to the promoter/promoter group category of Aditya Birla Fashion and Retail Limited. The target company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

The equity share capital of Aditya Birla Fashion and Retail Limited stands at ₹1,220.29 crores, comprising 122.02 crore equity shares of ₹10.00 each, fully paid up. Following this acquisition, the total promoter/promoter group shareholding has increased from 46.61% to 46.62%.

The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency in substantial shareholding changes.

Pilani Investment and Industries Corporation Limited, part of the promoter group of Aditya Birla Lifestyle Brands , has disclosed the acquisition of 2.44 crore shares representing 2.00% of the company's total share capital. The transaction was executed through open market purchases between December 23-29, 2025, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Overview

The acquisition demonstrates significant promoter confidence in the company's business prospects and strategic direction. The shares were purchased at prevailing market prices over a seven-day period, representing a substantial financial commitment by the promoter group.

Shareholding Pattern Changes

The acquisition has resulted in a notable increase in the promoter group's shareholding in the company. Prior to this transaction, Pilani Investment held 4.48 crore shares, representing 3.67% of the total share capital.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisitions of shares. The company's total equity share capital stands at ₹1,220.29 crores, comprising 122.03 crore equity shares of ₹10 each, fully paid up. The acquisition strengthens the promoter group's stake while maintaining transparency through proper regulatory filings.

Market Implications

Open market purchases by promoter groups are typically viewed positively by market participants, as they signal management's confidence in the company's fundamental strength and long-term value creation potential. The timing of this substantial acquisition during the year-end period reflects the promoter group's strategic commitment to increasing their ownership in the lifestyle brands business.