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Shoppers Stop sells 19.50% stake in Crossword Bookstores

13 Oct 2022 Evaluate

Shoppers Stop has completed the further sale of 19.50% of stake of the Company in Crossword Bookstores on October 12, 2022. Accordingly, the Company’s equity stake in Crossword stands reduced to 10.00% and Crossword has ceased to be Associate Company.

Earlier, on October 11, 2021, the Company had completed the sale of 51% stake of the Company in Crossword and that Crossword had ceased to be a subsidiary of the Company. On April 08, 2022, the company had sold 19.50% stake in Crossword, reduced stake to 29.50%. The company had received approval for sale of 100% equity shares held by the Company in Crossword Bookstores on August 31, 2021.

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.

Shoppers Stop Share Price

299.40 6.40 (2.18%)
17-Apr-2026 16:59 View Price Chart
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