Shoppers Stop Limited has officially notified the stock exchanges about its upcoming board meeting scheduled for January 20, 2026, where directors will deliberate on the company's third-quarter financial performance. The meeting aims to consider and approve unaudited financial results for both consolidated and standalone operations covering the quarter and nine months ended December 31, 2025.

Board Meeting Details

The formal communication to BSE Limited and National Stock Exchange of India Limited was issued on January 12, 2026, in accordance with Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements (LODR) regulations. The notification ensures compliance with mandatory disclosure requirements for listed companies.

Trading Window Restrictions

The company has implemented trading window restrictions as part of its insider trading prevention measures. All designated persons and their immediate relatives are prohibited from trading in the company's equity shares during this period. The trading window closure commenced on December 25, 2025, and will continue until 48 hours after the official declaration of the unaudited financial results.

Regulatory Compliance

The board meeting notification demonstrates Shoppers Stop Limited's adherence to SEBI's regulatory framework for listed companies. The communication was signed by Rakeshkumar Saini, Vice President – Legal, CS & Chief Compliance Officer, ensuring proper authorization and compliance oversight.

Company Information

Shoppers Stop Limited operates from its registered and service office located at Umang Tower, 5th Floor, Mindspace, Off. Link Road, Malad (W), Mumbai 400 064, Maharashtra. The company maintains its commitment to transparency and regulatory compliance through timely disclosures to stakeholders and stock exchanges.

Shoppers Stop Limited has announced the successful completion of a significant divestment transaction through its material wholly-owned subsidiary. The retail company informed stock exchanges about the completion of the transfer of its investment in Pahadi Goodness Private Limited.

Transaction Details

Global SS Beauty Brands Limited, the material subsidiary of Shoppers Stop, has completed the transfer of its entire holding in Pahadi Goodness Private Limited. The transaction involved the divestment of 40,000 Optionally Convertible Debentures (OCDs) to Augusta Consultants Advisors Private Limited.

Strategic Background

The divestment process was initiated following approvals and the execution of a Securities Transfer Agreement between Global SS Beauty Brands Limited, Augusta Consultants Advisors Private Limited, and Pahadi Goodness Private Limited.

The transaction was completed upon receipt of the full consideration amount of ₹3.00 crores from Augusta. With this completion, Global SS Beauty Brands has entirely divested its investment in Pahadi Goodness and concluded the proposed transaction.

Business Impact

According to the company's disclosure, this divestment decision forms part of Shoppers Stop's ongoing strategic review and renewed focus on core business areas. The management has indicated that the transaction is not expected to have any material impact on the company's financials or operations.

The completion of this divestment marks the end of Global SS Beauty Brands' association with Pahadi Goodness Private Limited, allowing the subsidiary to redirect its focus and resources toward activities more aligned with the parent company's core retail business strategy.