StockWatch
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Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
Divestment4 Jun 2026, 06:31 pm

RPSG Ventures Sells Entire Investment in Momjunction, Incnut

AI Summary

RPSG Ventures Ltd has divested its entire investment in M/s. Momjunction Private Limited, M/s. Incnut Stylecraze Private Limited, and M/s. Incnut Digital Private Limited. The sales were executed through Share Purchase Agreements signed on May 7, 2026, with buyers M/s. Veerendra Shivhare, M/s. Sangram Simha Datla, and M/s. Chaitanya Chakravartin Nallan. The total consideration for these divestments amounts to ₹11.76 crore for Incnut Digital, ₹0.61 crore for Momjunction, and ₹0.15 crore for Incnut Stylecraze, totaling ₹12.52 crore. This move signifies a strategic exit from these specific investments.

Key Highlights

  • RPSG Ventures divested entire stake in three subsidiaries.
  • Total sale consideration amounts to ₹12.52 crore.
  • Sales completed via Share Purchase Agreements.
  • Divestment includes investments in Momjunction and Incnut entities.