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Shoppers Stop Limited invested Rs 10 crore in Global SS Beauty Brands for expansion
26-Oct-2026, 07:14

Shoppers Stop Limited has completed an investment of Rs 10 crore in its wholly owned material subsidiary, Global SS Beauty Brands Limited (GSSBBL), through the subscription of 1,000 non-cumulative optionally convertible preference shares, bringing the total investment in the subsidiary to Rs 135 crore. The investment, made on October 26, 2026, will be used for expansion plans and working capital requirements, and follows prior board approval for an investment of up to Rs 40 crore.