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News 2026-09-15 11:51 UTC

Purple Style Labs approves ₹420 crore investment in Pernia's Pop-Up Shop arm

Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Tuesday (September 15) said it has approved an investment of ₹420 crore in its wholly owned subsidiary PSL Retail Private Ltd through a rights issue.The investment will be made from the net proceeds of the company’s initial publi…