ICICI Prudential Life Insurance cuts stake in Honasa Consumer to 5.53 percent via open market sale
HONASA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 0.6 pts less than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ICICI Prudential Life Insurance sold 8,92,850 shares of Honasa Consumer (parent of Mamaearth) on August 14, 2026 through the open market. This cut its stake to 5.53 percent from 5.80 percent prior to the transaction, and from 7.61 percent as last disclosed in January 2025. Total holding now stands at 1,80,21,966 shares. ICICI Pru Life is not part of the promoter group.
Institutional investor trimming stake in a consumer brand; signals reduced conviction or portfolio rebalancing, may weigh on stock sentiment.