StockWatch
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E-Retail/ E-Commerce
Acquisitions4 Nov 2026, 04:06 pm

FSN E-Commerce Ventures Acquires 82% Stake in Simply Nam Beauty

AI Summary

FSN E-Commerce Ventures Limited announced today the approval of its Board of Directors for the acquisition of an 82% equity stake in Simply Nam Beauty Private Limited. The transaction, valued at up to INR 33 Crores, was finalized through executed transaction documents. The Board also approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company reported revenue from operations of ₹4,500.92 Crore for the quarter and ₹10,022.35 Crore for the half-year ended September 30, 2026. Profit before tax for the quarter was ₹148.51 Crore, and for the half-year, it was ₹277.67 Crore.

Key Highlights

  • FSN E-Commerce Ventures acquired 82% stake in Simply Nam Beauty.
  • Acquisition consideration is up to INR 33 Crores.
  • Board approved Q2 FY27 unaudited financial results.
  • Q2 FY27 revenue from operations stood at ₹4,500.92 Crore.
  • Q2 FY27 profit before tax was ₹148.51 Crore.