Stake sale · Commerce & Consumer Brands

Coronation raises stake in Le Travenues to over 7%

By Startup Enthusiast · 2 April 2026

What they do

Coronation Fund Managers acquired 4.75 lakh shares on March 30, 2026, raising its stake to 7.01%

The company reported Q3 FY26 revenue of Rs 317 crore, up from Rs 242 crore in Q3 FY25

Profit rose 55% to Rs 24 crore in the same quarter

Coronation Fund Managers increased its stake in Le Travenues Technology to over seven percent.
The investor acquired 4.75 lakh equity shares through an open market transaction on March 30, 2026.
This purchase raised Coronation's total holding to 3.07 crore shares, up from 3.02 crore shares previously.
Coronation had previously raised its stake to around five percent in February 2026.
The company's total share capital remains unchanged at 43.81 crore shares.
MIH Investments One B.V., a Prosus company, holds around 15% of the stake.
The company's share price was Rs 165.02 with a market cap of Rs 7,255 crore.

Coronation Fund Managers (buyer) — Acts as discretionary fund manager for global funds and institutional investors.
MIH Investments One B.V. (existing) — A company under Prosus that increased its stake to around fifteen percent last year.