26-Oct-2026 18:03:45
SHOPERSTOPExpansion
SHOPERSTOP : INVESTS RS 10 CR IN SUBSIDIARY GSSBBL VIA NOCPS
• Second tranche subscription to 1,000 0.01% non-cumulative optionally convertible preference shares (NOCPS) of ₹1 lakh face value each, at par • Part of board-approved investment of up to ₹40 Cr via rights issue of 4,000 NOCPS in one or more tranches • Overall investment in GSSBBL preference share capital now enhanced to ₹135 Cr • GSSBBL is a 100% wholly owned material subsidiary in beauty distribution and specialty retail; FY26 turnover ₹379.75 Cr v ₹220.02 Cr (FY25) and ₹95.73 Cr (FY24) • Funds to be used for GSSBBL's expansion plans and working capital requirements; NOCPS allotment expected within 15 working days
Shoppers Stop Ltd
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