Krka, d. d. (LJSE:KRKG) is in discussions to acquire the promoter's stake in Mumbai-based Unichem Laboratories Limited (BSE:506690), said two people aware of the development. Promoter Prakash Amrut Mody & family owns a 50.93% stake in the listed entity. An acquisition of this stake will trigger an open offer for an additional 26% of equity.
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Other stock markets
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5-day change | 1st Jan Change | ||
592.8 INR | +2.21% | +2.60% | +45.69% |
Stocks mentioned in the article
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5d. change
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Capi.
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592.8 INR | +2.21% | +2.60% | 500M | ||
125.5 EUR | +0.40% | -0.40% | 4.13B | ||
1st Jan change | Capi. | |
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+45.69% | 500M | |
+25.83% | 661B | |
+27.00% | 566B | |
-6.76% | 352B | |
+20.34% | 332B | |
+3.00% | 283B | |
+13.09% | 231B | |
+5.46% | 200B | |
-9.61% | 195B | |
-6.26% | 145B |
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- Krka Reportedly Eyes Promoter Stake in Unichem Laboratories