Shareholding20 May 2026, 10:02 am
Rama Shiva Lease Finance Reduces Stake in Biogen by 5.26%
AI Summary
Rama Shiva Lease Finance Pvt Ltd has decreased its shareholding in Biogen Pharmachem Industries Ltd, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company sold 4,75,00,000 shares, reducing its stake from 9.31% to 4.04% of the total share/voting capital. The transaction was executed in the open market on May 18, 2026.
Key Highlights
- Rama Shiva Lease Finance sold 4,75,00,000 shares of Biogen Pharmachem.
- Shareholding decreased from 9.31% to 4.04% after the sale.
- The transaction was executed via open market.
- Disclosure made under SEBI Takeover Regulations.
- Sale date: May 18, 2026.
Price Impact
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