Shoppers Stop reduces stake in Nuance Group to 40%

28 Apr 2017 Evaluate

Shoppers Stop’s shareholding in Nuance Group (India) (NGIPL), a joint venture company has been reduced from 50% to 40% of the paid up share capital of NGIPL. The reduction in percentage aforesaid is on account of non-subscription of NGIPL’s rights issue of equity shares by the company.

Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword, Cafes and Restaurants etc.

Shoppers Stop Share Price

621.75 -23.05 (-3.57%)
23-Dec-2024 10:04 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3443.10
Aditya Birla Fashion 282.30
Trent 6949.00
Vishal Mega Mart 97.69
Electronics Mart Ind 167.05
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