STEL Holdings declares 3.30% stake in RPSG Ventures for FY26

0 min read Updated on 10 Jun 2026, 02:02 AM

Reviewed by

Shriram SScanX News Team

AI Summary

STEL Holdings Limited disclosed a 3.30% shareholding in RPSG Ventures Limited as of March 31, 2026. The declaration was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. STEL Holdings confirmed that no encumbrance was created on the shares during the financial year ended March 31, 2026.

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STEL Holdings Limited disclosed a 3.30% shareholding in RPSG Ventures Limited as of March 31, 2026. The declaration was submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The company stated that it holds 10,91,414 equity shares, representing the specified percentage of the total equity share capital of the target company. STEL Holdings confirmed that no encumbrance of shares was made, directly or indirectly, during the financial year ended March 31, 2026.

Shareholding Details

Particulars	Details
Target Company	RPSG Ventures Limited
CIN	L74999WB2017PLC219318
Security ID/Symbol	542333
Shares Held	10,91,414 equity shares
Percentage of Shareholding	3.30%
Date of Shareholding	March 31, 2026
Encumbrance Status	None

The disclosure was signed by Sruthi Sindhu, Company Secretary of STEL Holdings Limited, on April 7, 2026.

Historical Stock Returns for RPSG Ventures

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.81%	-4.51%	-11.06%	+18.61%	-4.87%	+60.92%

Does this 3.30% stake signal a strategic partnership between STEL Holdings and RPSG Ventures?

Is STEL Holdings likely to increase its shareholding in RPSG Ventures in the upcoming fiscal year?

How might this acquisition impact the stock price and trading volume of RPSG Ventures?

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RPSG Ventures completes sale of investments in three entities

1 min read Updated on 05 Jun 2026, 01:10 AM

Reviewed by

Ashish TScanX News Team

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AI Summary

RPSG Ventures completed the sale of its entire shareholding in Momjunction Private Limited, Incnut Stylecraze Private Limited, and Incnut Digital Private Limited for a total consideration of ₹12.52 crore. The transactions, executed via Share Purchase Agreements dated May 7, 2026, involved the sale of 5,810 CCPS in each entity to three individual buyers. The company confirmed the completion of these divestments to the stock exchanges on June 4, 2026.

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RPSG Ventures has completed the sale of its entire shareholding in three portfolio companies, Momjunction Private Limited, Incnut Stylecraze Private Limited, and Incnut Digital Private Limited. The transactions were executed through Share Purchase Agreements (SPAs) dated May 7, 2026, with Veerendra Shivhare, Sangram Simha Datla, and Chaitanya Chakravartin Nallan. The total consideration for the sale of Compulsory Convertible Preference Shares (CCPS) in these entities amounts to ₹12.52 crore.

The company intimated the stock exchanges regarding the completion of these sales on June 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investments were held in the form of CCPS, which were converted into equity shares in a 1:1 ratio prior to the transfer as per the terms of the SPAs.

Transaction Details

The sale involved the divestment of 5,810 CCPS in each of the three entities. The buyers do not belong to the promoter or promoter group of RPSG Ventures Limited, and the transactions were not classified as related party transactions. Furthermore, the company clarified that the deals do not constitute a slump sale, amalgamation, or merger.

Breakdown of Sale Consideration

The following table details the number of shares sold and the consideration received for each entity:

Entity	Buyer	Number of CCPS	Consideration (₹ in Crore)
Incnut Digital Private Limited	Chaitanya Chakravartin Nallan	1937	3.92
	Sangram Simha Datla	1937	3.92
	Veerendra Shivhare	1936	3.92
Total		5810	11.76
Momjunction Private Limited	Chaitanya Chakravartin Nallan	1937	0.205
	Sangram Simha Datla	1937	0.205
	Veerendra Shivhare	1936	0.20
Total		5810	0.61
Incnut Stylecraze Private Limited	Chaitanya Chakravartin Nallan	1937	0.05
	Sangram Simha Datla	1937	0.05
	Veerendra Shivhare	1936	0.05
Total		5810	0.15

RPSG Ventures Limited had previously informed the exchanges about the agreement to sell its investment in Incnut Digital Private Limited on May 21, 2026. The latest communication confirms the conclusion of the sale for all three entities.

Historical Stock Returns for RPSG Ventures

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.81%	-4.51%	-11.06%	+18.61%	-4.87%	+60.92%

How does RPSG Ventures plan to redeploy the ₹12.52 crore capital raised from these divestments?

What impact will this exit strategy have on RPSG Ventures' overall portfolio valuation and future investment focus?

Will the buyers, Veerendra Shivhare, Sangram Simha Datla, and Chaitanya Chakravartin Nallan, pursue consolidation or independent growth for these entities?