Business Standard

Lupin promoters pledge 12.6% stake

Image

Press Trust of India Mumbai

Drug maker Lupin today said its two promoters have pledged 1.04 crore shares representing 12.60 per cent stake in the company.

In a disclosure to the Bombay Stock Exchange, Lupin said its two promoters -- Zyma Laboratories and Rahas Investments -- have pledged 1.04 crore shares.

Zyma Laboratories and Rahas Investments have pledged 91.25 and 13.04 lakh shares respectively, the disclosure said.

Shares of Lupin today closed at Rs 636.35, up 1.70 per cent on the BSE.

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

First Published: Feb 12 2009 | 9:02 PM IST

Explore News