RPSG Ventures Sells Entire Investment in Three Companies to Private Buyers
RPSG Ventures Limited has sold its complete investment stake in three entities: M/s. Momjunction Private Limited, M/s. Incnut Digital Private Limited, and M/s. Incnut Stylecraze Private Limited. The investments were transferred through Share Purchase Agreements (SPAs) dated May 7, 2026, to buyers Veerendra Shivhare, Sangram Simha Datla, and Chaitanya Chakravartin Nallan.The sale involved the transfer of Compulsory Convertible Preference Shares (CCPS), which were set to be converted into Equity Shares in a 1:1 ratio prior to the sale and transfer specified in the SPAs. The transaction details across the three companies are as follows:
| Entity Name | Number of CCPS | Buyers | Consideration (Rs. in Crore) |
|---|---|---|---|
| M/s. Incnut Digital Private Limited | 1937 | Chaitanya Chakravartin Nallan | 3.92 |
| M/s. Incnut Digital Private Limited | 1937 | Sangram Simha Datla | 3.92 |
| M/s. Incnut Digital Private Limited | 1936 | Veerendra Shivhare | 3.92 |
| Total (Incnut Digital) | 5810 | 11.76 | |
| M/s. Momjunction Private Limited | 1937 | Chaitanya Chakravartin Nallan | 0.205 |
| M/s. Momjunction Private Limited | 1937 | Sangram Simha Datla | 0.205 |
| M/s. Momjunction Private Limited | 1936 | Veerendra Shivhare | 0.2 |
| Total (Momjunction) | 5810 | 0.61 | |
| M/s. Incnut Stylecraze Private Limited | 1937 | Chaitanya Chakravartin Nallan | 0.05 |
| M/s. Incnut Stylecraze Private Limited | 1937 | Sangram Simha Datla | 0.05 |
| M/s. Incnut Stylecraze Private Limited | 1936 | Veerendra Shivhare | 0.05 |
| Total (Incnut Stylecraze) | 5810 | 0.15 |
The buyers involved in the transactions do not belong to the promoter or promoter group or any of their group companies. The transaction has been noted as non-related party and is neither a slump sale nor an amalgamation or merger.
RPSGVENT Stock Price Movement
Today, RPSG VENTURES LIMITED shares edged higher to close at ₹928.75, managing a gain of 0.67% in post-market trading. The stock saw activity of 12,344 shares traded during the session today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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