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RP-Sanjiv Goenka enters luxe fashion with FSP stake buy
Mint Kolkata
|November 20, 2025
PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.
Deal based on ₹455.17 crore enterprise valuation.
(ISTOCKPHOTO)
The deal is based on an enterprise valuation of ₹455.17 crore, subject to post-closing price adjustments as specified in the share subscription and purchase agreement (SSPA).
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