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Peak XV, Sequoia and Redwood Trust to sell 2.73% stake in Honasa for up to ₹400 crore

Peak XV Partners, Sequoia Capital and Redwood Trust are likely to sell a 2.73% stake in Honasa Consumer for up to ₹400 crore at ₹450 per share. A 45-day lock-up will apply to further share sales.

Peak XV, Sequoia and Redwood Trust plan to sell a 2.73% Honasa stake for up to ₹400 crore
Honasa stake to be sold
2.73%
Maximum block deal value
up to ₹400 crore
Block deal price per share
₹450 per share
Lock-up on further share sales
45-day

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Reported figures

From the report. Source details below

  • 3.4%
  • ₹90.45 crore
  • ₹41.32 crore
  • 27%

The source

Source Read the source at CNBC-TV18 Published

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