ABFRL Takes Full Ownership of Imperial Online Services

Aditya Birla Fashion and Retail has acquired the remaining 15.62% stake in Imperial Online Services through wholly owned subsidiary ABDFVL, bringing its ownership of the fashion and apparel company to 100%.

— Source publishedSat, 19 Sept, 2026, 16:11 IST·First seen Sat, 19 Sept, 2026, 16:17 IST·Source Apparel Resources India

What happened

Aditya Birla Fashion and Retail Limited (ABFRL) · ABFRL acquired the remaining 15.62% stake in Imperial Online Services through wholly owned subsidiary ABDFVL,

Key facts

  • 15.62%
  • 100%

What changed

ABFRL acquired the remaining 15.62% stake in Imperial Online Services through wholly owned subsidiary ABDFVL, raising its ownership of the fashion and apparel company to 100%.

Why this matters

Full ownership gives ABFRL tighter control over Imperial Online Services’ digital fashion operations, enabling faster integration of merchandising, inventory and customer experience.

What to watch

  • Disclosure of acquisition consideration, valuation impact or accounting treatment in ABFRL filings.
  • Changes in Imperial Online Services' revenue, losses, cash burn or related-party transactions after consolidation.
  • Announcements of platform migrations, warehouse integration, brand launches or revised e-commerce partnerships.
  • ABFRL guidance on online sales mix, digital profitability, customer acquisition costs or inventory turns.
  • Any restructuring, impairment, merger or winding-up actions involving the acquired entity.