Honasa Consumer acquires Reginald Men, enters men's grooming; shares climb

• Honasa Consumer acquired BTM Ventures, parent company of Reginald Men, entering the men's grooming segment.
• Honasa's shares rose over 2% following the acquisition announcement.
• The company will acquire a 95% equity stake in BTM Ventures for Rs 195 crore.
• Reginald Men, founded in August 2022, rapidly grew its turnover to Rs 20.15 crore in FY25.
• Reginald Men specializes in men's personal care, particularly sunscreens and serums.

Why It Matters: Honasa Consumer's acquisition signals growth in the men's grooming market.