Attached is the announcement under Regulation 30 of SEBI LODR Regulations, 2015.
RPSGVENT · price
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RPSG Ventures Ltd has completed the sale of its entire investment in Incnut Digital Private Limited for Rs. 11.76 crore. The sale was executed on May 21, 2026, pursuant to a Share Purchase Agreement dated May 7, 2026. The buyers were Veerendra Shivhare, Sangram Simha Datla, and Chaitanya Chakravarthy Nallan, with each acquiring shares worth Rs. 3.92 crore. The investment was held in the form of Compulsory Convertible Preference Shares. The company had earlier announced on May 7, 2026, its intention to sell investments in three entities including Incnut Digital, Momjunction Private Limited, and Incnut Stylecraze Private Limited, with the Incnut Digital sale being the first to be completed.
The completion of this sale represents a full exit from Incnut Digital Private Limited, generating Rs. 11.76 crore in cash proceeds for the company. This is a positive development for shareholders as it demonstrates the company's ability to monetize its portfolio investments at a time of its choosing.