JHS Svendgaard Retail Ventures Limited — Important, 22-04-2025: Disclosure of material issue

The Board of Directors of JHS Svendgaard Retail Ventures Limited has approved an investment of ₹11.70 lakhs (₹11,70,240) to acquire a 50.01% stake in DVS Worldwide Services Private Limited, which focuses on developing family entertainment centers and gaming zones. This acquisition aims to diversify the company’s business portfolio and will turn DVS Worldwide into a subsidiary. The transaction is considered a related party transaction as the promoter holds equity in DVS, but it has been conducted at arm's length. The completion of this acquisition is expected within one month, positioning JHS Svendgaard for potential growth in the entertainment sector. Investors should watch closely for how this strategic move enhances the company’s market presence.