Sanofi India: Promoter group to acquire 3.5M shares (15.20%)

Sanofi Healthcare India Private Limited, a member of Sanofi India's promoter group, has agreed to acquire up to 3,500,000 equity shares from Hoechst GmbH, another promoter. This inter-se transfer represents up to 15.20% of Sanofi India's existing paid-up equity share capital. The transaction is exempt from an open offer under SEBI Takeover Regulations 10(1)(a)(iii) and is scheduled to occur on or after September 24, 2026. The acquisition price will not exceed 25% above the 60-day volume-weighted average market price of ₹3,228.06 per share, as the shares are frequently traded.