Stake Sale News
Advent, Warburg join race for Encube; promoters may sell some stake too
Race for Encube Ethicals gets crowded as Advent and Warburg join EQT, Blackstone, KKR for the contract drug maker. Promoters may sell some of their stake too.
2 min read10:31 AM ISTAirtel, IndiGo to Polycab: 10 stocks that saw highest promoter selling in Q2. Do you own any?
Among the stocks that saw the highest selling by promoters, in terms of value of shares sold, Airtel, InterGlobe Aviation, Apollo Enterprises and Polycab emerged as key names.
4 min read7 Nov 2025Exclusive: Why Fabindia was sued by founders of its subsidiary Biome
Shantanu and Sania Arora Jain allege Fabindia, which has a controlling stake in their firm Biome Life Sciences, breached the exit clause in their shareholder agreement from 2020. They are seeking ₹196.16 crore in lieu of their stake in Biome.
4 min read28 Sep 2025Swiggy Board approves sale of Rapido stake worth ₹2,400 crore to Prosus, Westbridge Capital. Details here
Swiggy's Board has approved the sale of its ₹2,400 crore stake in ride-hailing company Rapido, as announced in exchange filings on September 23, 2025. The Board approved the sale of 35,958 Series D CCPS to Setu AIF Trust.
1 min read23 Sep 2025SBI offloads 13.18% stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corp for ₹8,889 crore; stock ends 3% higher
India's largest lender — the State Bank of India (SBI) — on Wednesday, September 18, announced that it has completed the divestment of about 13.18% stake in private bank Yes Bank. The stake was sold to Sumitomo Mitsui Banking Corporation (SMBC) of Japan for ₹8,888.97 crore.
1 min read17 Sep 2025Ultratech Cement to off-load up to 6.49% of stake in India Cements
UltraTech Cement on August 20 said that it will sell up to 6.49% of its stake in India Cements via an open market offer.
1 min read20 Aug 2025LIC deserves a better valuation from markets, says MD Doraiswamy
Life Insurance Corp of India seeks better market valuation due to improved customer service and a stronger product portfolio, according to new CEO R. Doraiswamy. He anticipates that digital transformation initiatives will enhance LIC's standing ahead of a planned government stake sale.
7 min read12 Aug 2025Vodafone Idea to Vishal Mega Mart — These 10 stocks face biggest brunt as promoter holding slumps to 8-year low in Q1
The decline in promoter stakes during Q1 FY26 has investors worried. However, analysts suggest not panicking if sales do not significantly alter fundamentals. Promoters sold ₹54,732 crore, with notable declines in holdings for companies such as Vishal Mega Mart and EPL Limited.
2 min read11 Aug 2025Drug firm Aizant to soon get binding bids for controlling stake in $350-mn deal
The deal, which has been in the works for more than a year-and-a-half, will see the healthcare-focused private equity (PE) firm sell a controlling stake in the company together with the promoters.
3 min read30 Jul 2025Animal spirits: Zenex investors dial bankers for $1 billion sale or IPO
After Advent's Felix Pharma buyout, another deal is brewing in the vet medicine segment. Multiples and other investors of Zenex Animal Health are looking at a full sale or an IPO, potentially valuing the company at $1 billion
3 min read25 Jul 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared