StockWatch
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Personal Care
Shareholding5 Oct 2026, 05:50 pm

Honasa: Sequoia sells 25.02 lakh shares, stake drops to 2.68%

AI Summary

Sequoia Capital Global Growth Fund III – U.S. / India Annex Fund L.P. has sold 25,02,289 equity shares of Honasa Consumer Ltd on September 30, 2026, through an open-market transaction. This sale represents a 0.76% reduction in their shareholding. Before the transaction, Sequoia held 1,12,28,493 shares, equivalent to 3.44% of the company's total share capital. Following the sale, their holding stands at 87,26,204 shares, or 2.68%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Sequoia Capital sold 25,02,289 Honasa Consumer shares.
  • The open-market sale reduced their stake by 0.76%.
  • Post-sale, Sequoia's holding is 87,26,204 shares (2.68%).
  • Transaction occurred on September 30, 2026.