RPSG VENTURES LIMITED has informed the Exchange about General Updates
RPSGVENT · price
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RPSG Ventures Limited has completed the sale of its entire investment in Incnut Digital Private Limited for Rs. 11.76 crore. The transaction was executed through Share Purchase Agreements signed on May 7, 2026, with three buyers - Chaitanya Chakravarthy Nallan, Sangram Simha Datla, and Veerendra Shivhare. Each buyer acquired roughly equal stakes (1,936-1,937 CCPS each) at Rs. 3.92 crore per buyer. The sale represents the divestment of a digital media/content sector investment. The company had initially announced this transaction on May 7, 2026, and confirmed completion on May 21, 2026.
The divestment of Incnut Digital will reduce RPSG Ventures' digital media portfolio. While Rs. 11.76 crore is a relatively modest amount for a large conglomerate, it signals the company's intent to exit certain investments. Shareholders should monitor for similar divestment announcements regarding Momjunction and Stylecraze investments.