Honasa Consumer block deal
Peak XV, Sequoia and Redwood Trust planned to sell Honasa Consumer shares worth up to ₹400 crore. Promoter entities held a 35.47% stake as of the June quarter.
Timeline
Tuesday, 29 September
- Honasa shares fall as ₹643 crore block deal moves 4.4% of equity
A block transaction covered 1.4 crore shares worth ₹643.4 crore
Monday, 28 September
- Honasa block deal sees shares fall as early sale plans give way to ₹643 crore trade
Peak XV, Sequoia and Redwood Trust were expected to sell up to 89 lakh shares
