Shareholding15 Jul 2026, 01:26 pm
Mylan Inc. Sells 5.64% Stake in Biocon Ltd
AI Summary
Mylan Inc. has disclosed the sale of 9,19,67,019 equity shares, representing 5.64% of Biocon Limited's equity share capital. The transaction, executed via an open market sale on July 14, 2026, reduces Mylan's holding in Biocon. The total equity share capital of Biocon before and after the sale remains INR 8,14,84,70,675. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Mylan Inc. sold 5.64% stake in Biocon Ltd.
- Transaction involved 9,19,67,019 equity shares.
- Sale executed on July 14, 2026, via open market.
- Disclosure made under SEBI Takeover Regulations.
- Mylan's holding in Biocon has decreased.
Price Impact
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