Shareholding8 Sept 2026, 12:47 pm
Fosun Pharma Sells 6% Stake in Gland Pharma
AI Summary
Fosun Pharma Industrial Pte. Ltd. has disclosed the sale of 98,97,000 equity shares, representing 6.00% of the total share capital and 5.95% of the diluted capital, in Gland Pharma Limited. The sale occurred through the open market. Following this transaction, Fosun Pharma Industrial Pte. Ltd.'s holding in Gland Pharma has reduced. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Fosun Pharma Industrial Pte. Ltd. sold 6% stake in Gland Pharma.
- The sale involved 98,97,000 equity shares.
- Transaction was executed via the open market.
- Disclosure made under SEBI Takeover Regulations.
- Fosun Pharma's shareholding in Gland Pharma has decreased.
Price Impact
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