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Fosun Pharma sells 4.5% stake in Gland Pharma via block deal

Promoter Fosun Pharma sold equity shares worth more than Rs 2,121 crore in Hyderabad-based Gland Pharma on September 4 through open-market transactions, with the sale representing a 4.5% stake, per NSE block-deal data.

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Promoter Fosun Pharma has sold equity shares worth more than Rs 2,121 crore in Hyderabad-based Gland Pharma, a pharmaceutical company focused on generic injectables, through open-market transactions on September 4.According to block deal data published by the National Stock Exchange, Fosun Pharma I…