Virat Kohli becomes Agilitas’ second-largest individual shareholder after one8 merger
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Virat Kohli became the second-largest individual shareholder of Agilitas Sports after his one8 brand merged with the company.
- ✓The National Company Law Tribunal approved this deal.
- ✓Kohli, who invested Rs 40 crore, said, “The aspiration is for the brand to outlast all of us and become a lifestyle.”
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Synopsis
Virat Kohli's stake in Agilitas Sports has increased significantly following the merger with his one8 brand. The merger was approved by the National Company Law Tribunal, enhancing Agilitas’ product development capabilities. Kohli invested Rs 40 crore in Agilitas and remains a co-founder of one8. Agilitas aims to build a leading global sportswear brand from India through this integration.
Mumbai: Cricketer Virat Kohli’s stake in Agilitas Sports has risen to 6.4% from 1.8% following the merger of his one8 brand with the sportswear company, making him its second-largest individual shareholder after co-founder and CEO Abhishek Ganguly.
The National Company Law Tribunal’s Mumbai bench approved the merger of One8 Sports Private Limited with Agilitas Sports Private Limited. Kohli had earlier invested Rs 40 crore in Agilitas and will continue as one8 co-founder.
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The Economic Times
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