Private equity investor Baring India Fund III sold a 7.36% stake in Shilpa Medicare worth ₹306 crore, on Friday, through an open market transaction.
As per the bulk deal data on the exchange, 6 million shares or 7.36% of equity of Raichur based Pharmaceutical firm were sold by Baring India Private Equity Fund III at an average price of ₹510.56 per share aggregating to ₹306.34 crore.
