Mamaearth’s Promoters Varun and Ghazal Alagh to Retain 97% Stake Despite IPO

  • Mamaearth’s promoters, Varun and Ghazal Alagh, will retain 97% stake in the company despite its plan to go public.
  • The company has put its IPO on hold due to weak market conditions.
  • Reuters reported the news.
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