Deals3 Mar 2025, 06:58 pm
Peak XV Partners Sell Entire Stake in Prataap Snacks Ltd to Sequoia Capital GFIV Mauritius Investments
AI Summary
Peak XV Partners Growth Investment Holdings I, Peak XV Partners Growth Investments II, and Sequoia Capital GFIV Mauritius Investments have disclosed the sale of equity shares of Prataap Snacks Limited. The sale is pursuant to a share purchase agreement entered into by the sellers. The transaction involves the sale of 1,13,48,582 shares, which is 47.54% of the total and diluted share capital of the company.
Key Highlights
- Peak XV Partners sell their entire stake in Prataap Snacks Ltd to Sequoia Capital GFIV Mauritius Investments
- The transaction involves the sale of 1,13,48,582 shares, which is 47.54% of the total and diluted share capital of the company
- The sale is pursuant to a share purchase agreement entered into by the sellers