ICICI Prudential Life Insurance Company Limited has announced the sale of shares in Honasa Consumer Limited on August 14, 2026. This transaction has reduced the company’s shareholding in Honasa Consumer to 5.53% on a cumulative basis, down from a previous disclosure of 7.61% made on January 31, 2025. The sale was conducted through the open market, as per the disclosed format.
Significant Shareholding Adjustment
ICICI Prudential Life Insurance Company Limited has officially disclosed a material change in its investment portfolio, specifically concerning its stake in Honasa Consumer Limited. The company executed the sale of shares on August 14, 2026, through an open market transaction.
Reduced Stake and Cumulative Holding
Following this disposal, ICICI Prudential Life’s cumulative shareholding in Honasa Consumer Limited has decreased to 5.53%. This marks a notable reduction from the 7.61% stake previously reported to the exchange on January 31, 2025. The disclosure adheres to the requirements of Regulation 29(2) of the SEBI (Substantial Acquisition of Share and Takeovers) Regulations, 2011.
Transaction Details
The sale involved 892,850 shares, resulting in the aforementioned reduction in shareholding. Prior to the sale, ICICI Prudential Life held 18,914,816 shares, representing 5.80% of Honasa Consumer’s total voting capital. After the transaction, the holding stands at 18,021,966 shares, reflecting the new 5.53% stake. The total equity share capital of Honasa Consumer Limited remained unchanged at 326,024,216 shares throughout the period.
Source: BSE
