FIIs, Mutual Funds Increase Stake In Mamaearth In June Quarter
- Foreign institutional investors increased their shareholding in Mamaearth to 13.95% at the end of the June quarter from 12.22% at the end of Q4 FY24.
- The stake held by mutual funds in Mamaearth increased to 3.56% in Q1 FY25 from 3.13% in Q4 FY24.
- With Sofina Ventures selling 1% stake in Mamaearth parent Honasa in June, the shareholding of foreign VCs declined to 29.53% at the end of Q1 FY25
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