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Shoppers Stop Limited Invests Rs. 10 Crores in Global SS Beauty Brands Limited through Rights Issue

Strategic Insights

— 1 min read

Shoppers Stop Limited has completed its second tranche of investment in Global SS Beauty Brands Limited (GSSBL), a wholly-owned material subsidiary, by subscribing to 1000 optionally convertible preference shares (NOCPS) at a face value of Rs. 1,00,000 each. This investment is part of the company's approved plan to invest up to Rs. 50 crores in GSSBL through one or more tranches. With this subscription, Shoppers Stop Limited's overall investment in the preference share capital of GSSBL has reached Rs. 85 crores.

Key Takeaways:

  • Shoppers Stop Limited has invested Rs. 10 crores in the second tranche of the Rights Issue of GSSBL.
  • The investment is part of the company's approved plan to invest up to Rs. 50 crores in GSSBL through one or more tranches.
  • The company has now invested Rs. 85 crores in the preference share capital of GSSBL.
  • Shoppers Stop Limited has completed the investment on September 16, 2025, and has informed the National Stock Exchange of India (NSE).
  • The investment is made through the subscription to 1000 NOCPS at a face value of Rs. 1,00,000 each.
  • The company has provided details of the acquisition as required under Regulation 30(6) read with Schedule III Part A Para A (1) of the Listing Regulations and the SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Statistics:

  • Rs. 10 crores: Amount invested by Shoppers Stop Limited in the second tranche of the Rights Issue of GSSBL.
  • Rs. 70 crores: Amount still to be invested by the company in GSSBL as part of the approved plan.
  • Rs. 85 crores: Overall investment made by Shoppers Stop Limited in the preference share capital of GSSBL.
  • 2000 NOCPS: Number of preference shares subscribed by the company in the first tranche of the Rights Issue.
  • 1000 NOCPS: Number of preference shares subscribed by the company in the second tranche of the Rights Issue.

Sources:

  • National Stock Exchange of India

+ Stock Code: 532638

+ Stock Symbol: SHOPERSTOP

+ Date: September 16, 2025

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