Announced Tue, 28 Jul · 12:31 IST
Mylan Inc sells 5.64% stake in Biocon via open market
BIOCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹436.80
prior close
₹431.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-1.2-2.5-2.5-2.2-2.6-0.0-4.4-5.5——
Up moveDown movePending
AI summary
Mylan Inc, a US-based shareholder of Biocon Limited, sold 9,19,67,019 equity shares equal to 5.64% of Biocon equity share capital through open market on 14 July 2026. Mylan is not part of the promoter group. The disclosure was filed under SEBI Takeover Regulations 2011.
Likely market impact
Major foreign shareholder exiting a large 5.64% block via open market. May weigh on the stock in the short term.