Acquisitions18 Nov 2025, 11:11 pm
RPSG Ventures to Acquire 40% Stake in Luxury Brand FSP Design for INR 455.17 Crores
AI Summary
RPSG Ventures Ltd has approved the execution of a share subscription and purchase agreement and a shareholders’ agreement with FSP Design Private Limited and its shareholders for the proposed acquisition of 40% of the total issued and paid-up share capital of FSP Design at an enterprise value of INR 455.17 crores. The acquisition marks RPSG’s foray into the luxury couture segment, representing a significant milestone in its vision to build a diverse portfolio in the luxury fashion and lifestyle space. The transaction is expected to complete within 24 hours from the execution of the Transaction Documents.
Key Highlights
- RPSG Ventures to acquire 40% stake in luxury brand FSP Design for INR 455.17 crores
- FSP Design is engaged in designing, manufacturing, marketing, sale and distribution of apparel and accessories through their luxury brand ‘Falguni Shane Peacock’
- The acquisition marks RPSG’s foray into the luxury couture segment
- The transaction is expected to complete within 24 hours from the execution of the Transaction Documents
- RPSG has the right to acquire an additional 10% of the total issued and paid-up share capital of FSP Design within 18 to 24 months from the completion of the Proposed Transaction