Divestment31 Aug 2026, 08:10 pm
Mankind Pharma completes sale of 100% stake in Broadway Hospitality
AI Summary
Mankind Pharma Ltd has announced the final update on the sale of its entire 100% stake in its wholly owned subsidiary, Broadway Hospitality Services Private Limited, to AKRK Projects LLP and its Partners. The transaction was completed on August 31, 2026. Consequently, Broadway Hospitality Services Private Limited is no longer a subsidiary of Mankind Pharma Ltd as of the same date. Details required by SEBI regulations were previously submitted on July 11, 2026.
Key Highlights
- Mankind Pharma divests its entire 100% stake in Broadway Hospitality.
- The transaction was finalized on August 31, 2026.
- Broadway Hospitality ceases to be a wholly owned subsidiary.
- Sale is in compliance with SEBI Listing Regulations.
Price Impact
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