
Shareholding25 Sept 2026, 02:55 pm
Sanofi India: Hoechst GmbH Sells 3.5M Shares to Promoter Group
AI Summary
Hoechst GmbH has sold 3,500,000 equity shares of Sanofi India Limited to Sanofi Healthcare India Private Limited, an entity within the promoter group. This inter se transfer of shares among promoter group members was executed via a block deal on the stock exchange on September 24, 2026, and qualifies for exemption under Regulation 10(1)(a)(iii) of the SAST Regulations. Following the sale, Hoechst GmbH's holding in Sanofi India reduced from 60.38% to 45.18%, representing a transaction of 15.20% of the total capital.
Key Highlights
- Hoechst GmbH sold 3.5 million shares of Sanofi India.
- The transaction was an inter se transfer within the promoter group.
- Sale represents 15.20% of Sanofi India's total capital.
- Hoechst GmbH's holding decreased from 60.38% to 45.18%.
- Transaction executed via block deal on the stock exchange.
Price Impact
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