
$140M Exit: Banga Family to Offload Major Stakes in Nykaa Block Deal
According to a term sheet accessed by a media outlet, Harindarpal Singh Banga and Indra Banga would sell a 2.1% share in the beauty and personal care firm Nykaa for $140.3 million (about INR 1,200 crore) in a block sale. According to the term sheet, the Bangas,