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- Ethos Limited (NSE: ETHOSLTD) acquired 1,89,480 equity shares of its subsidiary Ethos Lifestyle Private Limited (ELPL) for ₹ 20,25,54,120 (≈ ₹ 20.26 crore) at ₹ 1,069 per share on 30 April 2026.
- The purchase lifts the parent’s stake from 0.7505 % to an additional 0.0237 %, a not material increase under related‑party transaction criteria.
- ELPL reports a net worth of ₹ 58.9 lakh, zero turnover as of 31 Mar 2025, and a loss of ₹ 1.1 million after tax, indicating its early‑stage financial profile.
- The cash‑only, arm‑length related‑party deal was approved by the board and audit committee on 8 Nov 2025 and is intended to consolidate ownership and support the group’s broader luxury‑brand expansion.
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