Brief: Shoppers Stop Says Approved An Investment In Pahadi Goodness of upto 40 Mln Rupees
31/07/2023 10:34
July 31 (Reuters) - Shoppers Stop Ltd SHOP.NS :
* APPROVAL OF INVESTMENT IN PAHADI GOODNESS PRIVATE LIMITED
* SHOPPERS STOP LTD - APPROVED AN INVESTMENT IN PAHADI
GOODNESS OF
UPTO 40 MILLION RUPEES
* CO SHALL FURTHER HAVE AN OPTION TO ACQUIRE AN ADDITIONAL
17.67%
OF EQUITY CAPITAL OF PAHADI LOCAL IN JUNE, 2025
* AT A POST MONEY VALUATION OF 200 MILLION RUPEES
Source text for Eikon: ID:nBSE2KV0SL
Further company coverage: SHOP.NS
((Reuters.Briefs@thomsonreuters.com;))
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