Profit

Founders Of Aurobindo Pharma To Sell Up To $135-Million Shares

 Share
EMAIL
PRINT
COMMENTS
Founders Of Aurobindo Pharma To Sell Up To $135-Million Shares

Aurobindo Pharma is selling the shares in a price range of Rs 810 to Rs 830.


Mumbai: The founders of India's Aurobindo Pharma are selling shares worth up to $135 million in a block trade on Friday, according to a deal term sheet seen by Reuters.

The drug maker is selling the shares in a price range of Rs 810 to Rs 830, the term sheet showed.

The price range equates to a discount of between 3.1 per cent and 5.5 per cent of Wednesday closing price of Rs 856.85 ($12.83).

($1 = Rs 66.7753)
© Thomson Reuters 2016

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top