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Following this purchase, Varun Alagh’s total shareholding in Honasa Consumer has increased to 10.56 crore equity shares, which now constitutes 32.45% of the company’s total share capital.
Honasa Consumer Ltd, which owns FMCG brands such as Mamaearth and The Derma Co, on Monday (December 29) informed that its promoter Varun Alagh has increased his equity stake in the company through a block deal transaction.
According to the disclosure, Varun Alagh acquired 18.52 lakh equity shares on December 29, 2025, representing 0.57% of the company’s total share capital. The acquisition was carried out at a price of ₹270 per equity share, taking the total transaction value to about ₹50 crore.
Following this purchase, Varun Alagh’s total shareholding in Honasa Consumer has increased to 10.56 crore equity shares, which now constitutes 32.45% of the company’s total share capital.
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As a result of the transaction, the aggregate shareholding of the promoter and promoter group has risen to 11.56 crore equity shares, equivalent to 35.54% of Honasa Consumer’s total share capital, the company said in its regulatory filing.
First Quarter Results
Honasa Consumer had reported a net profit of ₹39.2 crore in the September quarter, compared to a net loss of ₹18.5 crore during the same quarter last year.
Revenue for the quarter increased by 16.5% on a year-on-year basis to ₹538 crore. Adjusted for the revenue recognition with Flipkart, Honasa said that the growth would be at 22.5%.
Also Read: Honasa Consumer shares gain up to 8% after strong Q2 results but remain below IPO price
At the closing of trading on Monday (December 29), the company’s shares were trading at ₹276.20, up ₹7.75 or 2.89%, from the last trading day on the BSE. The stock is still trading below its IPO price of ₹324.
