Shoppers Stop has acquired 500 equity shares of Rs 10 each at its face value, constituting 5% of paid up share capital of Nuance Group Fashion & Luxury Duty Free. These equity shares has been acquired, from Nuance Group (India); a joint venture company.
Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword, Cafes and Restaurants etc.