Honasa Consumer Acquires 95% of BTM Ventures for INR 198 Crores
Filing Summary
Honasa Consumer Limited has completed the acquisition of 95% of the equity share capital of BTM Ventures Private Limited. The transaction, finalized on January 6, 2026, involved a secondary purchase of equity shares for an equity value of INR 198 Crores. BTM Ventures, which operates the men’s personal care brand “Reginald Men,” is now a subsidiary of Honasa. The acquisition includes cash and cash equivalents of INR 13 Crores available on BTM Ventures’ books as of the closing date.
On January 6, 2026, Honasa Consumer Limited completed the acquisition of 95% of the issued and paid-up equity share capital of BTM Ventures Private Limited. This transaction was conducted through a secondary purchase of equity shares for an equity value of INR 198 Crores.
BTM Ventures operates the men’s personal care brand “Reginald Men.” The acquisition includes cash and cash equivalents amounting to INR 13 Crores available on the books of BTM Ventures as of the closing date. As a result, BTM Ventures has become a subsidiary of Honasa Consumer Limited.
Honasa Consumer Limited focuses on consumer goods, particularly in the personal care segment. The company is known for its strategic acquisitions and expansion into new product lines to enhance its market presence.