Promoters of Alkem Laboratories sold shares worth ₹300.3 crore through Samprada & Nanhamati Singh Family Trust in a block deal on Friday, selling 641,000 shares at ₹4,680 each, representing 0.54% of the company’s equity.

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Alkem Labs promoters sell Rs 300-cr shares in block deal

Promoters of Alkem Laboratories sold shares worth ₹300.3 crore through Samprada & Nanhamati Singh Family Trust in a block deal on Friday, selling 641,000 shares at ₹4,680 each, representing 0.54% of the company’s equity.

By ET Bureau | Updated: Feb 22, 2025, 09.50 AM IST

Promoters sold shares of Alkem Laboratories worth ₹300.3 crore, through Samprada & Nanhamati Singh Family Trust, in a block deal on NSE on Friday. The entity sold 641,000 shares at ₹4,680 apiece, amounting to 0.54% of the company's total equity. SBI Mutual Fund was the buyer in the deal. Shares of Alkem fell 2.54% to close at ₹4600.05 on Friday.

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