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Nicomac Machinery Private Ltd, an entity connected to the former promoter of the company Dr Ravi Penmetsa, sold its entire 19.55 lakh shares, a 1.19 percent stake at an average price of Rs 1735.31. ....
Two entities Lakumi Trust and Nicomac Machinery on Tuesday divested a 4.9 per cent stake in Gland Pharma for Rs 1,411 crore through open market transactions. Lakumi Trust and Nicomac Machinery Pvt Ltd disposed of 81.20 lakh shares of Gland Pharma in separate bulk deals on the National Stock Exchange (NSE). ....
According to data from the NSE, Lakumi Trust divested 61.65 lakh shares of Gland Pharma, while Nicomac Machinery sold over 19.55 lakh shares, representing a 3.74 per cent stake and a 1.18 per cent stake in Gland Pharma, respectively. ....