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Gland Pharma shares: Promoter Fosun Pharma likely to divest 5% equity worth Rs 2,279 crore via block deal
AI Summary
- ·Fosun Pharma plans to sell 5% equity in Gland Pharma for Rs 2,279.5 crore.
- ·The divestment will occur via a block deal at Rs 2,763 per share.
- ·Gland Pharma reported a 47% rise in Q1FY27 profit.