RPSG Ventures Divests Entire CCPS Holdings in Three Entities via Share Purchase Agreements
RPSG Ventures Limited entered into three Share Purchase Agreements on May 7, 2026, to sell its entire CCPS holdings in Incnut Digital Private Limited, Momjunction Private Limited, and Incnut Stylecraze Private Limited to three buyers—Veerendra Shivhare, Sangram Simha Datla, and Chaitanya Chakravarty Nallan—for a combined consideration of Rs. 12.52 crore. The transactions are not related party transactions and do not constitute a slump sale or amalgamation/merger.

*this image is generated using AI for illustrative purposes only.
RPSG Ventures Limited has disclosed, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that it entered into three Share Purchase Agreements (SPAs) on May 7, 2026, to sell its entire investment in three entities. The investments are held in the form of Compulsory Convertible Preference Shares (CCPS), which are to be converted into Equity Shares in a 1:1 ratio prior to the sale and transfer as stipulated under the respective SPAs.
Transaction Overview
The buyers across all three transactions are M/s. Veerendra Shivhare, M/s. Sangram Simha Datla, and M/s. Chaitanya Chakravarty Nallan (collectively referred to as the "Buyers"). The company has confirmed that the Buyers do not belong to the promoter, promoter group, or group companies of RPSG Ventures. The transactions are not classified as related party transactions, nor do they constitute a slump sale or amalgamation/merger.
Details of the Divestments
The divestment spans three portfolio entities, with a total of 5,810 CCPS being sold in each entity. The consideration for each entity and buyer is detailed below.
Incnut Digital Private Limited
| Parameter: | Details |
|---|---|
| Total CCPS: | 5,810 |
| Total Consideration: | Rs. 11.76 crore |
| Buyer: | Number of CCPS | Consideration (Rs. in Crore) |
|---|---|---|
| Chaitanya Chakravarty Nallan | 1,937 | 3.92 |
| Sangram Simha Datla | 1,937 | 3.92 |
| Veerendra Shivhare | 1,936 | 3.92 |
| Total | 5,810 | 11.76 |
Momjunction Private Limited
| Parameter: | Details |
|---|---|
| Total CCPS: | 5,810 |
| Total Consideration: | Rs. 0.61 crore |
| Buyer: | Number of CCPS | Consideration (Rs. in Crore) |
|---|---|---|
| Chaitanya Chakravarty Nallan | 1,937 | 0.205 |
| Sangram Simha Datla | 1,937 | 0.205 |
| Veerendra Shivhare | 1,936 | 0.20 |
| Total | 5,810 | 0.61 |
Incnut Stylecraze Private Limited
| Parameter: | Details |
|---|---|
| Total CCPS: | 5,810 |
| Total Consideration: | Rs. 0.15 crore |
| Buyer: | Number of CCPS | Consideration (Rs. in Crore) |
|---|---|---|
| Chaitanya Chakravarty Nallan | 1,937 | 0.05 |
| Sangram Simha Datla | 1,937 | 0.05 |
| Veerendra Shivhare | 1,936 | 0.05 |
| Total | 5,810 | 0.15 |
Regulatory Compliance
The disclosure was made by Sudip Kumar Ghosh, Compliance Officer of RPSG Ventures Limited, and was digitally signed on May 7, 2026. The intimation was filed with both the National Stock Exchange of India Limited and BSE Limited in accordance with Regulation 30 of the SEBI Listing Regulations. The company has confirmed that the transactions do not fall under the category of related party transactions, slump sales, or corporate restructuring events such as amalgamation or merger.
Historical Stock Returns for RPSG Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | +21.40% | +0.28% | +21.97% | +34.44% | +167.07% |
How will RPSG Ventures redeploy the approximately Rs. 12.52 crore in proceeds from these divestments, and does this signal a broader portfolio restructuring strategy?
What does the significant valuation disparity between Incnut Digital (Rs. 11.76 crore) and Incnut Stylecraze (Rs. 0.15 crore) suggest about the future growth trajectories of these digital content businesses under new ownership?
Could the coordinated acquisition of stakes in all three entities by the same three buyers indicate plans for consolidation or integration of Incnut Digital, MomJunction, and Incnut Stylecraze into a unified digital media platform?


































