Shoppers Stop Limited has completed an investment of ₹20 crore in its wholly owned material subsidiary, Global SS Beauty Brands Limited (GSSBBL). The investment was executed on May 20, 2026, through the subscription of 2,000 0.01% Non-Cumulative Optionally Convertible Preference Shares (NOCPS) at a face value of ₹1,00,000 each. This tranche is part of a larger board-approved plan to invest up to ₹40 crore in the subsidiary via a rights issue of 4,000 preference shares.

With the completion of this subscription, the company's overall investment in the preference share capital of GSSBBL has risen to ₹125 crore. Prior to this transaction, the company held 10,500 preference shares in the subsidiary, which has now increased to 12,500 shares. The company continues to hold 100% of the equity share capital and control of GSSBBL.

Investment Details

The funds are intended to support the expansion phase of GSSBBL, which operates in the retail and wholesale trading sector. The subsidiary plans to utilize the capital for proposed expansion plans and working capital requirements. GSSBBL reported a turnover of ₹379.75 crore during the fiscal year 2025-26, compared to ₹220.02 crore in the previous year.

Financial Overview of GSSBBL

The allotment of the NOCPS is expected to be completed within 15 working days. The transaction is classified as a related party transaction, as the promoter group holds a 66.06% stake in Shoppers Stop Limited. No separate regulatory approvals were required beyond regular establishment licenses.

Shoppers Stop Limited has notified the stock exchanges of its Senior Management's participation in an upcoming investor conference, in compliance with applicable regulatory requirements. The intimation, filed on May 15, 2026, was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Participation Details

The Senior Management of Shoppers Stop will be attending the 360 ONE Capital (B&K) 16th Annual Investor Conference - TRINITY INDIA 2026, to be held in Mumbai on Friday, May 29, 2026. The key details of the event are summarised below:

Regulatory Disclosure and Presentation Access

The company has explicitly stated that no unpublished price sensitive information is proposed to be shared or discussed during the meeting. A presentation intended for use at the conference has been made available by the company for reference. The disclosure has also been published on the corporate website of Shoppers Stop and can be accessed through the investor disclosures section at the company's official corporate portal.

The intimation was signed by Rakeshkumar Saini, Vice President – Legal, CS & Chief Compliance Officer (ACS No: 20257), on behalf of Shoppers Stop Limited. The company has noted that the above schedule is subject to change depending upon exigencies, including those of the organiser.