Shareholding20 May 2026, 10:05 am
Rama Shiva Lease Finance Reduces Stake in Biogen to 4.04%
AI Summary
Rama Shiva Lease Finance Pvt Ltd disclosed a change in its shareholding of Biogen Pharmachem Industries Ltd. As per Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Rama Shiva Lease Finance sold 4,75,00,000 shares, reducing its holding from 9.31% to 4.04% of the total share/voting capital. The transaction was executed through open market. The date of sale is 18.05.2026.
Key Highlights
- Rama Shiva Lease Finance sold 4,75,00,000 shares of Biogen Pharmachem.
- The sale reduced Rama Shiva's stake in Biogen from 9.31% to 4.04%.
- The transaction was executed through open market on 18.05.2026.
- The disclosure is under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
Price Impact
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