Sofina trims India exposure via Mamaearth stake sale, shares tracked for portfolio moves

By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-26, 15:04.

Sofina (BE0003717312) features in today’s news flow through its venture arm Sofina Ventures, which cut its stake in India’s Honasa Consumer, the listed parent of skincare brand Mamaearth, in a sizeable on-market deal on the National Stock Exchange of India.

What the Mamaearth deal shows

According to a detailed report on bulk deals in Mumbai, Sofina Ventures SA sold 4.178 million Honasa Consumer shares in a single session on June 25, 2026, equal to around 1.28 percent of Honasa’s equity, for proceeds of roughly Rs 177.2 crore at an average selling price of Rs 424.07 per share. Moneycontrol’s bulk-deal report on Honasa Consumer

The same report states that Sofina Ventures had held 3.29 percent of Honasa Consumer’s equity as of March 2026, so the latest sale represents a material trim of its Indian beauty and personal care exposure but not a full exit, with Honasa shares closing at Rs 417.70, up 0.42 percent, on the NSE on that day. Honasa Consumer quote and shareholder data

How it fits Sofina’s portfolio approach

Sofina, headquartered in Brussels and listed on Euronext Brussels, positions itself as a family-controlled investment company with a focus on minority stakes in high-growth businesses in Europe, Asia and the US, and Sofina Ventures is the arm through which it backs technology-enabled consumer and healthcare companies, including several in India.

India has been one of Sofina Ventures’ more visible growth markets in recent years, with positions in consumer brands such as Mamaearth-owner Honasa and other digital-first companies, making the NSE bulk deal a relevant marker for how the group calibrates exposure to emerging-market consumer growth while rotating capital into newer opportunities.

Where Sofina makes its money

Sofina generates value primarily by taking long-term minority stakes in unlisted and listed growth companies, and in investment funds, with a focus on sectors such as consumer, digital, education and healthcare; investments like Honasa Consumer via Sofina Ventures exemplify this growth-capital approach rather than traditional control private equity.

Where the stock trades today

The Sofina shares (BE0003717312) trade on Euronext Brussels under the ticker SOF with the price quoted in euros; the current price and market capitalization can be tracked on the Brussels exchange’s live data pages for the latest available quote.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any financial instrument. Neither the author nor ad-hoc-news.de assumes any liability for decisions made on the basis of this content.