Mankind Pharma Block Deal: Chrys Capital divests stake worth ₹3,200 crore, Beige sells 1.44 crore shares

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Key Points

Private equity firm Chrys Capital divested shares valued at 3,282 crore in Mankind Pharma, and Beige Ltd executed a block deal on December 12, selling 1.44 crore shares in Mankind Pharma at a rate of 1,832.43 per share..

Meanwhile, Hema CIPEF Ltd liquidated 56.2 lakh shares in the pharmaceutical company at a price of 1832.8 each, while Carinhill CIPEF Ltd divested 69.6 lakh shares, securing 1832.3 per share..

In the meantime, Kotak Mutual Funds acquired 2 million shares in the pharmaceutical company at a price of 1,832.30 per share..

In today's trading session, Mankind Pharma's shares experienced a slight decline, settling at 1,849.45 per share on the BSE, marking a 3.61 percent decrease compared to the previous day's closing price..

It's worth noting that over the past six months, Mankind Pharma's shares have shown a remarkable surge of approximately 30 percent, supported by the company's consistent strong performance in the domestic pharmaceutical market..

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