Banga family to sell half of its stake in Nykaa block deal: Report
The Banga family, which includes shipping tycoon Harindarpal Banga and others, will soon launch block deals to sell nearly 2% of its stake, or half of what it owns in Nykaa, Moneycontrol reported. Nearly 16 million shares will change hands at a discount of 4-5% from July 2 levels. The family will continue to hold the remaining stake in Nykaa.