Aurobindo Pharma founders to sell up to $135 million of shares

Aurobindo Pharma is selling the shares in a price range of Rs 810 to Rs830


Photo: Bloomberg
Photo: Bloomberg

Mumbai: The founders of Aurobindo Pharma are selling shares worth up to $135 million in a block trade on Friday, according to a deal term sheet seen by Reuters.

The drugmaker is selling the shares in a price range of Rs 810 to Rs830, the term sheet showed.

The price range equates to a discount of between 3.1% and 5.5% of Wednesday closing price of Rs856.85. Reuters

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