Mankind Pharma promoters divest 1.6 percent stake worth Rs 1367 crore

Mankind Pharma promoters have sold 1.6 percent of their stake in the company, amounting to Rs 1367 crore. This move is part of the company’s strategic diversification and growth plans. The promoters have decided to divest a small portion of their stake to fuel the company’s expansion and ensure a strong financial footing. This decision showcases the promoters’ confidence in the company’s future prospects and their commitment to its long-term success. The divestment is expected to bring in significant funds for the company and contribute to its future growth.

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