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Reading: Alkem Labs’ promoter sells shares for Rs 177 crore
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Econo Asia™ > Blog > News > Markets > National Stock Exchange (NSE) > Alkem Labs’ promoter sells shares for Rs 177 crore
National Stock Exchange (NSE)

Alkem Labs’ promoter sells shares for Rs 177 crore

NEWSROOM
Last updated: June 25, 2024 5:08 pm
By NEWSROOM
1 Min Read
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New Delhi: Alkem Laboratories promoter Seema Singh on Tuesday sold shares of the company for Rs 177 crore through an open market transaction. According to the block deal data available with the National Stock Exchange (NSE), Seema Singh offloaded 3,58,695 shares, amounting to a 0.3 per cent stake in Mumbai-based Alkem Laboratories. The shares were disposed of at an average price of Rs 4,956 apiece, taking the deal size to Rs 177.77 crore.

As of March 2024 shareholding pattern on the BSE, Seema Singh held a 2.46 per cent stake in Alkem. These shares were picked up by Aditya Birla Sun Life Mutual Fund (MF), ICICI Prudential MF, ICICI…



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