Alkem Laboratories' promoter is likely to sell 0.7 percent stake in the company through block deals, reported CNBC-TV18 on August 21 citing sources.
Alkem Labs' promoter is likely to sell 8.5 lakh shares at Rs 5,616 per share, which implies a 3 percent discount from the current market price, the channel reported.
On August 21, Alkem Labs shares closed trading 0.64 percent higher at Rs 5,770 apiece.
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