StockWatch
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Pharmaceuticals
Shareholding28 Sept 2026, 03:45 pm

Sanofi India: Promoters inter-se transfer 15.20% shares for ₹3,052/share

AI Summary

Sanofi Healthcare India Private Limited, part of Sanofi India Limited's promoter group, acquired 3,500,000 equity shares, representing 15.20% of the target company's equity capital. The shares were transferred from Hoechst GmbH, another promoter, on September 24, 2026, at a price of ₹3,052 per share. This transaction was an inter-se transfer among promoter group members via a block deal mechanism on the stock exchange. It is exempted from an open offer requirement under Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The aggregate shareholding of the promoter and promoter group remains unchanged post-transfer. A prior intimation was filed on September 17, 2026.

Key Highlights

  • Sanofi Healthcare acquired 3.5M shares (15.20%) of Sanofi India.
  • Shares transferred from Hoechst GmbH, both promoter entities.
  • Transaction is an inter-se transfer, exempt from open offer rules.
  • Aggregate promoter shareholding remains unchanged post-deal.
  • Acquisition price was ₹3,052 per share.