Ethos Limited acquired an additional 2.37% stake in Ethos Lifestyle Private Limited for ₹20.26 crore. This related-party transaction consolidates ownership to strengthen its luxury lifestyle vertical.
Ethos Limited acquired 1,89,480 equity shares of its subsidiary, Ethos Lifestyle Private Limited, for approximately ₹20.26 Crore from Mr. Pranav Shankar Saboo. This transaction increases Ethos Limited's stake from 75.05% to 77.42%. The acquisition aims to consolidate shareholding and strengthen strategic alignment within the group's luxury lifestyle vertical.
