StockWatch
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Pharmaceuticals
Shareholding21 Apr 2026, 05:22 pm

HCP Investments Sells 7.5% Stake in Ind-Swift Labs via Open Market

AI Summary

HCP Investments has disclosed the disposal of 6,503,423 equity shares of Ind-Swift Laboratories Ltd., representing 7.5% of the target company's total paid-up share capital. This transaction, conducted via open market from April 13 to April 16, 2026, has reduced HCP Investments' holding in Ind-Swift Laboratories from 8.649% (7,500,000 shares) to 1.149% (996,577 shares). The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • HCP Investments disposed of 7.5% equity in Ind-Swift Laboratories.
  • The sale involved 6,503,423 shares through open market transactions.
  • HCP Investments' stake reduced from 8.649% to 1.149%.
  • The disposal occurred between April 13 and April 16, 2026.