Shares of Aditya Birla Lifestyle Brands Ltd. gained up to 11% on Monday, October 6, after 5.93% of its equity, or 7.24 crore of its shares, changed hands in a block deal window.
The official buyers and sellers of the transaction are not yet known.
On Sunday, October 5, CNBC-TV18 had reported, citing sources that Flipkart Investments Private Limited was set to divest up to 6% of its stake in the company via a block deal. The transaction was expected to raise around ₹935 crore and was being termed a ‘clean-out trade’.

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