Torrent Pharma promoter to sell up to 2.9% stake via block deal on Oct 30: Report

  • Posted on October 29, 2024
  • By Business News Today
  • 2 Views
Torrent Pharma promoter to sell up to 2.9% stake via block deal on Oct 30: Report

Torrent Pharmaceuticals promoter is likely to sell a 2.9% stake worth Rs 3,000 crore via block deal on Wednesday. The offer price is likely to be at a 6% discount to the current market price. Kotak Securities and Citigroup are the bankers to the deal.
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