Fsn International Private Limited announced that it will issue 20,000,000 right shares at an issue price of INR 10 per share for proceeds of INR 200,000,000 on May 22, 2024. The transaction will include participation from returning investor FSN E-Commerce Ventures Limited. The transaction was approved by the board of directors of the company.

The transaction is expected to close by September 30, 2024.