Active Pine likely to sell up to 1.66 crore Biocon shares in block
Active Pine LLP is likely to sell up to 1.66 crore Biocon Ltd shares (about 1% equity) via a block deal. The offer size is pegged at ₹638.4 crore, with a floor price of ₹385 per share.
66 crore shares, or 1% equity, in biotechnology major Biocon Ltd through a block deal, according to sources. The floor price could offer a discount of up to 1…