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HomeNewsBusinessMarketsAlkem Labs promoter likely to offload 0.7% stake via block deals at floor price of Rs 5,616 per share: CNBC-TV18

Alkem Labs promoter likely to offload 0.7% stake via block deals at floor price of Rs 5,616 per share: CNBC-TV18

Alkem Labs' promoter is likely to sell 8.5 lakh shares

August 21, 2024 / 17:41 IST
Alkem Labs promoter likely to offload 0.7% stake via block deals at floor price of Rs 5,616 per share
     
     
    26 Aug, 2025 12:21
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    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.

    Moneycontrol News
    first published: Aug 21, 2024 05:34 pm

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