Business Standard

Claris promoter sells 12 lakh shares for over Rs 23 crore

Claris Lifesciences promoter Aditya Sushil Kumar Handa sold 11,80,120 shares amounting to 1.85% stake in Claris Lifescience

Press Trust of India New Delhi
Claris Lifesciences promoter Aditya Sushil Kumar Handa today offloaded nearly 12 lakh shares of the pharma company for over Rs 23 crore.

As per data available with the stock exchanges, Handa sold 11,80,120 shares amounting to 1.85% stake in Claris Lifescience through open market transaction.

The shares were bought on an average price of about Rs 200 valuing the transaction to Rs 23.60 crore.

Meanwhile, Caduceus Capital 2 Mauritus Ltd picked up 10.65 lakh shares in drug firm Claris Lifesciences for a little over Rs 21 crore.

In August last year, Handa had sold 10 lakh shares of the company for an estimated Rs 16.20 crore, while in July he had offloaded 17.33 lakh shares for Rs 28 crore.
 

At the of January-March quarter, Handa held 33.71 lakh shares or 5.28% stake in Claris Lifesciences, while Caduceus Capital Master Mauritius Ltd held 7.50 lakh scrips or 1.18% holding in the drug firm.

Claris Lifesciences scrip fell 3.32% to settle at Rs 190.75 apiece on the BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 12 2013 | 7:36 PM IST

Explore News