Honasa Consumer acquires Reginald Men brand, enters men's personal care segment

• Honasa Consumer is entering the men's personal care segment by acquiring Reginald Men, a brand owned by BTM Ventures Private Limited (BVPL).
• The company's board approved the acquisition of a 95% equity stake in BVPL for ₹195 crore enterprise value on December 11, 2025.
• This strategic move is expected to unlock over ₹500 crore in revenue opportunities within the men's personal care category.
• The acquisition news, released after market close, is anticipated to affect Honasa Consumer's stock performance on Friday.

Why It Matters: Honasa Consumer's acquisition of Reginald Men expands its market and growth potential.