Flipkart is set to offload its entire 6% stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal, in a strategic move aimed at streamlining its investment portfolio. The transaction, expected to be managed by global investment bank Goldman Sachs, is estimated at approximately Rs. 566 crore (US$68 million), with a proposed floor price of Rs. 79.5 per share—reflecting a 7.6% discount to ABFRL’s last traded price.