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