Intimation under Regulation 30 is attached herewith.
RPSGVENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RPSG Ventures Ltd has entered into three Share Purchase Agreements to sell its entire holding of Compulsory Convertible Preference Shares (CCPS) in three subsidiaries: Incnut Digital Private Limited (5,810 CCPS for Rs. 11.76 Crore), Momjunction Private Limited (5,810 CCPS for Rs. 0.61 Crore), and Incnut Stylecraze Private Limited (5,810 CCPS for Rs. 0.15 Crore). The total consideration across all three entities amounts to approximately Rs. 12.52 Crore. The buyers — Veerendra Shivhare, Sangram Simha Datla, and Chaitanya Chakravarthy Nallan — are not related to the promoter or group companies, and the transaction is explicitly not a related party transaction, slump sale, or merger.
The divestment represents a full exit from three digital/content-based subsidiaries. With total proceeds of ~Rs. 12.52 Crore, the impact on the company's financials is modest but signals continued portfolio rationalisation. The fact that buyers are unrelated third parties reduces concerns about related party valuation issues.