Khaitan, Samisti Legal Act On ABDFVL’s Acquisition Of Remaining Stake In Imperial Online Services

October 7, 2026

Khaitan & Co and Samisti Legal advised on Aditya Birla Digital Fashion Ventures’ (ABDFVL) acquisition of the remaining stake in Imperial Online Services.

Aditya Birla Digital Fashion Ventures Ltd., a wholly owned subsidiary of Aditya Birla Fashion and Retail Ltd., acquired the remaining 15.62% equity stake in Imperial Online Services Pvt Ltd. from its promoters, increasing its shareholding from 84.38% to 100%.

Imperial Online Services operates the Urbano brand and became a wholly owned subsidiary of ABDFVL following the acquisition.

Khaitan & Co advised ABDFVL on the acquisition of the 15.62% equity stake in Imperial Online Services Pvt Ltd. (Urbano Fashion) from its promoters by way of share purchase.

The deal team comprised Partner Shourya Sengupta, Counsel Sneh Lata and Senior Associate Karishma Sethia.

Samisti Legal acted as legal counsel to the Founders selling shareholders of Imperial Online Services in connection with its full acquisition by Aditya Birla Fashion and Retail.

The transaction was led by Founder and Managing Partner Prashant Jain.

Karishma Sethia, Prashant Jain, Shourya Sengupta, Sneh Lata

Fashion & Retail

Mergers & Acquisitions

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