StockWatch
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E-Retail/ E-Commerce
Acquisitions5 Sept 2026, 12:30 pm

FSN E-Commerce Ventures Completes Acquisition of Additional 24.2% in Earth Rhythm

AI Summary

FSN E-Commerce Ventures Ltd announced the successful completion of its acquisition of an additional 24.2% equity shareholding in its subsidiary, Earth Rhythm Private Limited. The company had previously approved this increase in shareholding on May 21, 2026. All necessary transaction and procedural documents have been executed, and the corresponding equity shares have been credited to FSN E-Commerce Ventures' demat account. This move further solidifies the company's control and investment in its subsidiary.

Key Highlights

  • FSN E-Commerce Ventures has finalized the acquisition of an additional 24.2% stake.
  • The acquired shares are in its subsidiary, Earth Rhythm Private Limited.
  • All transaction and procedural formalities have been successfully completed.
  • The additional equity shares have been credited to the company's demat account.