Sofina Ventures Offloads Honasa Consumer's Shares Via Rs.177 Cr Bulk Deal
India, June 25 -- Honasa Consumer's investor Sofina Ventures has parsed its stake in the BPC major via a bulk deal worth about Rs.177.2 Cr.
According to NSE bulk deal data, Sofina, via its holding entity Sofina Ventures S.A., sold 41.78 Lakh shares at Rs.424.07 apiece. The selling price is over 1.5% higher than the stock's closing price of Rs.417.7 on the BSE today.
The transaction involved nearly 1.28% stake in Honasa Consumer, the parent company of D2C beauty and personal care brands including Mamaearth, The Derma Co, Aqualogica, BBlunt and Dr. Sheth's.
The identity of the buyers could not be immediately ascertained from exchange disclosures.
The Belgian-based investment firm first backed Honasa Consumer when it led its $50 Mn fundi...
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