 "Peak XV Partners divests 22% stake in Indigo Paints for ₹1,557 crore as shares drop by 4.19%.")
Peak XV Partners divests 22% stake in Indigo Paints for ₹1,557 crore as shares drop by 4.19%.
Peak XV Partners, formerly known as Sequoia Capital India and SEA, has sold over 22 percent of its stake in Indigo Paints for Rs 1,557 crore. This divestment involved the sale of approximately 1.05 crore shares through the National Stock Exchange, with shares priced between Rs 1,475.96 and Rs 1,489.35. Following the transaction, Peak XV’s ...
