StockWatch
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Personal Care
Shareholding5 Oct 2026, 05:50 pm

Peak XV Partners sells 1.07 Cr Honasa Consumer shares

AI Summary

Peak XV Partners Investments VI sold 1,07,55,495 equity shares of Honasa Consumer Limited through an open-market transaction on September 30, 2026. This sale, disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reduced their shareholding by 3.30% of the total share capital. Prior to the sale, Peak XV Partners held 4,82,63,012 shares, representing 14.80% of the company's total share capital. Following the transaction, their holding decreased to 3,75,07,517 shares, equivalent to 11.50% of the total share capital. Persons Acting in Concert (PACs) including Sequoia Capital Global Growth Fund III and Redwood Trust also sold shares and will file separate disclosures.

Key Highlights

  • Peak XV Partners Investments VI sold 1,07,55,495 equity shares of Honasa Consumer.
  • The sale was an open-market transaction on September 30, 2026.
  • The transaction reduced their holding by 3.30% of total share capital.
  • Their stake decreased from 14.80% to 11.50% post-sale.
  • Other PACs, Sequoia Capital and Redwood Trust, also conducted sales.