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Bulk deals: Promoter entity offloads stake in Gland Pharma

Nicomac Machinery Private Ltd, an entity connected to the former promoter of the company Dr Ravi Penmetsa, sold its entire 19.55 lakh shares, a 1.19 percent stake at an average price of Rs 1735.31.

Ravi-penmetsa , Sadafuli-finvest , Edelweiss-financial-services , Pabrai-investment-fund , Nicomac-machinery-private-ltd , Prudential-mutual-fund , Lakumi-trust , Gland-pharma , Five-star-business-finance , Star-business-finance , Mutual-fund , Investment-fund

Bulk deals: Lakumi Trust and Nicomac Machinery divest 4.9% stake in Gland Pharma for ₹1,411 crore

According to data from the NSE, Lakumi Trust divested 61.65 lakh shares of Gland Pharma, while Nicomac Machinery sold over 19.55 lakh shares, representing a 3.74 per cent stake and a 1.18 per cent stake in Gland Pharma, respectively.

Sadafuli-finvest , Morgan-stanley , Pabrai-investment-fund , Edelweiss-financial-services , Prudential-mutual-fund , Lakumi-trust , Gland-pharma , Nicomac-machinery , Five-star-business-finance , Mutual-fund , Investment-fund , Bulk-deals

Share Market Highlights 2nd April 2024: Sensex, Nifty retreat after three-day rally; profit-taking dominates

Share Market Highlights 2nd April 2024: Sensex, Nifty retreat after three-day rally; profit-taking dominates
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