Shoppers Stop Limited — JV/Acquisition, 16-09-2025: Acquisition

Shoppers Stop has infused another **Rs. 10 Cr** into its wholly-owned subsidiary, **Global SS Beauty Brands (GSSBL)**, bringing its total preference share investment to **Rs. 85 Cr**. This funding supports GSSBL, a key player in beauty product distribution and specialty retail, as it executes its expansion plans. The capital will fuel growth in the Indian luxury beauty market, aiding in setting up new stores and strengthening working capital. GSSBL reported a turnover of **Rs. 220.02 Cr** last fiscal year, highlighting its significant operational scale.