Insider Trading28 Sept 2026, 01:26 pm
Sanofi India Promoter Hoechst GmbH Sells 3.5M Shares
AI Summary
Sanofi India Ltd has disclosed a significant shareholding change involving its promoter, Hoechst GmbH. On September 24, 2026, Hoechst GmbH transferred 3,500,000 equity shares, representing 1.50% of the total shareholding, to Sanofi Healthcare India Private Limited, an entity within the promoter group. This transaction was executed via an inter-se transfer through a block deal mechanism on the stock exchange. The value of this transaction was INR 10,68,20,00,000/-. Following the sale, Hoechst GmbH's holding in Sanofi India reduced from 60.38% to 45.18%. This disclosure is made under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Highlights
- Promoter Hoechst GmbH sold 3,500,000 equity shares.
- The transaction represents a 1.50% decrease in promoter shareholding.
- Shares were transferred to Sanofi Healthcare India Private Limited.
- The sale was conducted via a block deal on the stock exchange.
- Transaction value reported at INR 10,68,20,00,000/-.
Price Impact
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