Mankind Pharma’s Block Deal: ChrysCapital Affiliate Offloads Stake Worth Rs 2,736.8 Crore
Block deal: ChrysCapital affiliate sells 3.2% stake in Mankind Pharma for Rs 2,736.8 crore. Offer price: Rs 2,103-2,214/share, 5% discount. Potential MSCI May 2024 index inclusion if revised shareholding reported by April 16. Estimated inflow of $156 million, 5.9 million shares for Mankind Pharma. Stock projected to surpass Rs 2,500 mark with limited float available. … Read more