Clarification26 Aug 2026, 02:52 pm
Biocon Ltd: Mylan Inc. Clarifies Shareholding Disposal Error
AI Summary
Biocon Ltd has received a revised disclosure from Mylan Inc. concerning the sale of 9,19,67,019 equity shares, representing 5.64% of Biocon's equity share capital. Mylan Inc. clarified that the post-disposal shareholding was inadvertently disclosed as 5.64% instead of the correct value of Nil. This filing serves solely to rectify a typographical error in the original disclosure made on July 15, 2026, regarding a sale that occurred on July 14, 2026. All other information in the original disclosure remains unchanged.
Key Highlights
- Mylan Inc. corrects previous shareholding disclosure for Biocon Ltd.
- Original disclosure incorrectly stated post-sale holding as 5.64%.
- Correct post-sale holding is Nil, as all shares were disposed of.
- The filing is a clarification of a typographical error.
- No other information in the original disclosure is affected.
Price Impact
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