With refer to intimation dated August 13, 2024, wherein the Board of Directors of FSN E-Commerce Ventures (‘Company’) had approved further acquisition of 39% stake in Dot & Key Wellness from the Promoters/ existing shareholders as per the terms of the Shareholder Agreements dated September 19, 2021 and January 9, 2024 (Documents), FSN E-Commerce Ventures has informed that on completion of all the necessary conditions as per the said Documents and the Share Purchase Agreement dated September 14, 2024, the acquisition of 39% equity shares of Dot & Key Wellness, by the Company has been concluded on September 20, 2024. Accordingly, the Company holds 90% equity shares of Dot & Key Wellness effective September 20, 2024.
The above information is a part of company’s filings submitted to BSE.