The two subsidiaries to be merged with Honasa Consumer have assets worth Rs 48 crore against the market gain of Rs 1,800 crore on August 26
Shares of Honasa Consumer surged to an all-time high following the approval of a merger with Just4Kids Services and Fusion Cosmeceutics by the NCLT.
The ARR of Rs 500 crore is an increase from Rs 350 crore that the company had touched in September 2023.