The proposed acquisition does not include shares held by Sun Pharma and its affiliates. After the completion of the deal, Sun Pharma will have a 100% holding in the company.
Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech,
Quant Small Cap Fund exited Mazagon Dock and reduced stakes in Cochin Shipyard and HUDCO. The fund increased exposure in Aster DM Healthcare, Juniper Hotels,
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