StockWatch
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Pharmaceuticals
Acquisitions7 Oct 2026, 03:56 pm

Sanofi India: Promoter group acquisition of 15.20% shares

AI Summary

Sanofi Healthcare India Private Limited, part of the promoter group, acquired 3,500,000 equity shares, representing 15.20% of Sanofi India Limited's equity, from Hoechst GmbH. The transaction was an inter-se transfer within the promoter group via a block deal on September 24, 2026. The acquisition falls under an exemption from SEBI's SAST Regulations, and the aggregate holding of the promoter and promoter group remains unchanged. The acquisition price per share was Rs. 3,052.

Key Highlights

  • Promoter group entity acquired 15.20% stake in Sanofi India.
  • Transaction was an inter-se transfer via block deal.
  • No change in aggregate promoter/promoter group holding.
  • Acquisition price was Rs. 3,052 per share.