HomeNewsBusinessMarketsApollo Hospitals: Promoter Suneetha Reddy sells 1.3% stake for Rs 1,489 crore

Apollo Hospitals: Promoter Suneetha Reddy sells 1.3% stake for Rs 1,489 crore

Morgan Stanley, Goldman Sachs, Societe Generale, T Rowe Price, Abu Dhabi Investment Authority, Viridian Asia Opportunities Master Fund, BNP Paribas Financial Markets, and Copthall Mauritius Investment were among the buyers.

August 22, 2025 / 20:53 IST
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Bulk Deals on August 22
Bulk Deals on August 22

Promoter Suneetha Reddy has offloaded 1.3 percent stake in healthcare services provider Apollo Hospitals Enterprise, a part of Nifty 50 index, for Rs 1,489.3 crore via open market transaction on August 22.

The stock almost finished flat at Rs 7,922.5 on the NSE, down by just 0.05 percent.

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Suneetha Reddy has sold 18.97 lakh shares in the company at Rs 7,850 per share via block deals.

Several domestic and foreign institutional investors including Morgan Stanley, Goldman Sachs, Societe Generale, T Rowe Price, Abu Dhabi Investment Authority, Viridian Asia Opportunities Master Fund, BNP Paribas Financial Markets, Copthall Mauritius Investment, Fidelity Funds, Ghisallo Master Fund, Invesco Mutual Fund, Kotak Mahindra Life Insurance Company, Morningstar Funds Trust, Axis Mutual Fund, and Tata Mutual Fund were buyers for all these shares offloaded by the promoter in Apollo Hospitals Enterprise, the bulk and block deals data on the exchanges showed.