Recode Studios Signs ₹8.32 Crore Term Sheet for 51% Aflairza Stake

14 July 2026

Recode Studios Ltd.

Recode Studios signed a term sheet to acquire up to 51% stake in premium beauty brand Aflairza. Phase I secures 33% for ₹8.32 crore, partially via fresh capital infusion. The deal aims to expand Recode's premium Beauty & Personal Care segment.