StockWatch
·
Pharmaceuticals
Shareholding1 Oct 2026, 08:57 am

Fosun Pharma Sells Gland Pharma Shares, Stake Drops to 45.41%

AI Summary

Fosun Pharma Industrial Pte. Ltd. has sold 98,97,000 equity shares of Gland Pharma Limited, reducing its total holding to 7,54,96,894 shares, representing 45.41% of the total diluted capital. The sale, conducted via the open market, resulted in a decrease of 6.00% in voting rights and 5.95% in diluted capital for Fosun Pharma. The transaction occurred on September 4, 2026. Gland Pharma's total equity share capital is 164,966,661 shares of ₹1 each.

Key Highlights

  • Fosun Pharma sold 98,97,000 Gland Pharma shares.
  • Holding reduced from 51.76% to 45.41% of diluted capital.
  • Sale represents a 6.00% decrease in voting rights.
  • Transaction was executed via the open market.
  • Fosun Pharma Industrial Pte. Ltd. is the seller.