Honasa Consumer Block Deal: Promoter Varun Alagh ups stake in Mamaearth parent as stock trades 15% below IPO price

Honasa Consumer promoter Varun Alagh raised his stake by 57 bps in Mamaearth parent company, acquiring 18.52 lakh shares from Fireside Ventures in a Rs 50 crore block deal. He bought the shares at Rs 270 each, slightly above the previous close, increasing his total holding to 31.88%.