Gland Pharma block deal: Fosun Pharma divests 99 lakh shares worth Rs 2,800 crore

September 4, 2026

Fosun Pharma sold a 6% stake in Gland Pharma for ₹2,800 crore via a block deal, reducing its holding to 45.77%. Major buyers included Kotak, Axis, and ICICI Prudential Mutual Funds, while Gland Pharma shares closed higher at ₹2,932.40.

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