RPSG Ventures Ltd has acquired a 40% stake in FSP Design Private Limited, making FSP Design its associate company. This strategic acquisition supports RPSG's growth plans and enhances collaboration prospects with FSP Design, based in Mumbai.
RPSG Ventures Ltd has made a significant acquisition by acquiring 50,740 equity shares in FSP Design Private Limited, representing 40% of its equity share capital. This move officially renders FSP Design an associate company of RPSG Ventures, marking a strategic milestone for both entities.
FSP Design, registered at Santacruz (West), Mumbai, is poised for enhanced collaboration and synergy under RPSG Ventures' expanding portfolio. The acquisition reflects RPSG Ventures' confidence in FSP Design’s potential and aligns with its broader growth strategy.
Important Points:
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RPSG Ventures Ltd acquired 50,740 equity shares in FSP Design Pvt Ltd.
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The stake represents 40% of the total equity share capital of FSP Design.
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FSP Design now officially becomes an associate company of RPSG Ventures, effective immediately.
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The registered office of FSP Design is located in Santacruz (West), Mumbai.
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This step underlines RPSG Ventures’ intent to strengthen its business ecosystem through strategic investments.
This acquisition not only bolsters RPSG Ventures’ diversified interests but also paves the way for collaborative advancements in design and related sectors, potentially unlocking new growth avenues.
Sources: NSE Circular, RPSG Ventures official announcement