Shoppers Stop Completes Divestment of Pahadi Goodness Investment

Shoppers Stop Limited announced the completion of the transfer of its entire holding of 40,000 Optionally Convertible Debentures (OCDs) in Pahadi Goodness Private Limited (“Pahadi”). The transfer was ...

Shoppers Stop Limited announced the completion of the transfer of its entire holding of 40,000 Optionally Convertible Debentures (OCDs) in Pahadi Goodness Private Limited (“Pahadi”). The transfer was executed by Global SS Beauty Brands Limited, a material wholly-owned subsidiary of Shoppers Stop. The aggregate consideration for the divestment was Rs. 3,00,00,000 (Rupees Three Crores). Global SS received the full consideration from the purchaser, Augusta Consultants & Advisors Private Limited, on December 19, 2025, thereby completing the transaction and divesting its entire investment in Pahadi. This divestment aligns with Shoppers Stop's strategic review and its focus on core business areas. The company stated that this transaction is not expected to have any material impact on its financials or operations.

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Why is Shoppers Stop Limited in the news today?

Shoppers Stop Limited (SHOPERSTOP) is in the news due to the announcement details the completion of a divestment transaction, which is a strategic move. while it completes a prior intimation, it does not inherently signal positive or negative performance, hence the neutral sentiment. the company explicitly states no material impact is expected.

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Shoppers Stop Completes Divestment of Pahadi Goodness Investment

December 20, 2025, 04:39 AM

AI Sentiment Analysis

Shoppers Stop Limited announced the completion of the transfer of its entire holding of 40,000 Optionally Convertible Debentures (OCDs) in Pahadi Goodness Private Limited (“Pahadi”). The transfer was executed by Global SS Beauty Brands Limited, a material wholly-owned subsidiary of Shoppers Stop.

The aggregate consideration for the divestment was Rs. 3,00,00,000 (Rupees Three Crores). Global SS received the full consideration from the purchaser, Augusta Consultants & Advisors Private Limited, on December 19, 2025, thereby completing the transaction and divesting its entire investment in Pahadi.

This divestment aligns with Shoppers Stop's strategic review and its focus on core business areas. The company stated that this transaction is not expected to have any material impact on its financials or operations.

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