StockWatch
·
Pharmaceuticals
Shareholding12 Sept 2026, 12:01 pm

Krishna Prasad Chigurupati Sells 1.72 Cr Granules India Shares

AI Summary

Krishna Prasad Chigurupati has disclosed the sale of 1,72,00,000 equity shares of Granules India Limited on September 11, 2026, via a block deal. This transaction represents 6.94% of the total share capital and 6.31% of the diluted share capital. Following the sale, his holding in the company has reduced to 5,96,08,111 equity shares, accounting for 24.06% of the total share capital and 21.85% of the diluted share capital. The sale involved participation from prominent institutional investors, including Capital Group and Kotak Mahindra Life Insurance.

Key Highlights

  • Promoter Krishna Prasad Chigurupati sold 1.72 crore shares.
  • Sale executed on September 11, 2026, via block deal.
  • Post-sale holding reduced to 24.06% of total share capital.
  • Transaction involved marquee institutional investors.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.