GENERAL28 Sept 2026
Honasa Consumer Block Deal: Peak XV, Sequoia, Redwood Trust to sell stake for up to ₹400 crore - CNBC TV18
Peak XV Partners, Sequoia Capital and Redwood Trust plan to sell a 2.73% stake in Honasa Consumer through a block deal on Monday, September 28. The offer is worth up to ₹400 crore, at a floor price of ₹450 per share, with a 45-day lock-up. The stock closed at ₹465.05 on the BSE. If you hold shares, watch the price.
Key Statutory Highlights
- 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.
- There is a 45-day lock-up on further share sales, and the stock ended at ₹465.05 on the BSE, down 0.11%.
Actionable Advice for Taxpayers / Founders:If you hold Honasa shares, keep an eye on the price around Monday's block deal and treat any decision as your own, based on your goals and a word with your adviser.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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