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Harindarpal Singh Banga, founder of The Caravel Group and an early investor in Nykaa, is reportedly looking to pare stake worth 2% to 2.5% in the beauty ecommerce major in a $150 Mn
Banga would sell the shares at a 4% discount to today’s closing price of INR 211.8 on the BSE
Banga held a 4.97% stake in Nykaa at the end of the March quarter of 2025, as per the company’s shareholding pattern available with BSE
Harindarpal Singh Banga, founder of The Caravel Group and…
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Harindarpal Singh Banga, founder of The Caravel Group and an early investor in Nykaa, is reportedly looking to pare stake worth 2% to 2.5% in the beauty ecommerce major in a $150 Mn
Banga would sell the shares at a 4% discount to today’s closing price of INR 211.8 on the BSE
Banga held a 4.97% stake in Nykaa at the end of the March quarter of 2025, as per the company’s shareholding pattern available with BSE
Harindarpal Singh Banga, founder of The Caravel Group and…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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