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Honasa Consumer Block Deal: Peak XV, Sequoia, Redwood Trust to sell stake for up to ₹400 crore - CNBC TV18Photo: CNBC-TV18 Markets
BUSINESSCNBC-TV18 Markets · 0 seconds agoLive

Honasa Consumer Block Deal: Peak XV, Sequoia, Redwood Trust to sell stake for up to ₹400 crore - CNBC TV18

Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

Peak XV Partners, Sequoia Capital and Redwood Trust are likely to sell a 2.73% stake in Honasa Consumer through a block deal on Monday (September 28). The offer is valued at up to ₹400 crore, with a floor price of ₹450 per share and a 45-day lock-up on further share sales.

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