JHS Svendgaard Retail Ventures has received approval for the investment in DVS Worldwide Services, for an amount of Rs 11.70 lakh towards the acquisition of 1,17,024 equity shares having a face value of Rs 10 each. The objective of the acquisition is business diversification, and DVS Worldwide Services will become a subsidiary of the company.
The Board of Directors of the company, at their meeting held on April 22, 2025, has approved the same.
JHS Svendgaard Retail Ventures specializes in the retail business, operating stores across diverse product categories in various sales formats.
