Aditya Birla Fashion and Retail Limited (ABFRL) has increased its stake in Goodview Fashion Private Limited, the manufacturer of the ethnic couture brand ‘Tarun Tahiliani’, from 33.5% to 51% through a secondary purchase from existing shareholders, thereby acquiring a majority stake.
Khaitan & Co advised ABFRL on this deal.
The transaction team included Partner Shourya Sengupta, Principal Associate Sneh Lata, and Senior Associate Arka Banerjee Choudhury.
As a result of this transaction, Goodview Fashion Private Limited became a subsidiary of ABFRL effective July 11, 2024.
Khaitan & Co advises Aditya Birla Fashion on majority stake acquisition in Tarun Tahiliani
July 19, 2024
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