Mamaearth parent Honasa Consumer large trade: 1% equity worth Rs 142 crore changes hands

Mamaearth parent Honasa Consumer large trade: 1% equity worth Rs 142 crore changes hands

The buyers and sellers involved in the transaction couldn’t immediately identified

Mamaearth co-founders Varun and Ghazal Alagh.

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A large deal involving 32.60 lakh shares of Mamaearth parent Honasa Consumer, representing a one percent stake in the company, took place on the exchanges on January 8.

The floor price of the deal was Rs 437 apiece, a discount of nearly 2 percent from the previous close. The total transaction value was at Rs 142 crore.

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Moneycontrol could not immediately identify the buyers and sellers involved in the transaction.

At 1.40 pm, Honasa Consumer was trading 3.1 percent higher at Rs 458.10 on the BSE.

(This is a developing story. Please come back for more.)

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