Shareholding20 May 2026, 05:21 pm
Sun Pharma Advanced: Shanghvi Finance Acquires 10.61% Shares
AI Summary
Shanghvi Finance Private Limited, as an acquirer, along with Persons Acting in Concert (PACs), has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 regarding the acquisition of shares in Sun Pharma Advanced Research Company Limited. Shanghvi Finance Private Limited acquired 3,85,10,000 shares, representing 10.61% of the expanded equity share capital.
Key Highlights
- Shanghvi Finance Private Limited acquired 3,85,10,000 shares of Sun Pharma Advanced.
- The acquisition represents 10.61% of the expanded equity share capital.
- The disclosure was made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
- Persons Acting in Concert (PACs) include Dilip S. Shanghvi and other members of the promoter group.
Price Impact
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