Announced Sat, 20 Jun · 15:17 IST
Brooks Labs sells 16.33% stake in Brooks Steriscience for Rs 106.33 cr
Ownership Changes View source PDF
BROOKS · 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
+7.9%1-day move
₹68.10
prior close
₹70.01
base price
After-mkt
timing
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+0.0+0.0+0.0+0.0+7.9+13.1+7.5+3.5+1.1+11.5+2.9-3.1——
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AI summary
Brooks Laboratories is selling 51,220 equity shares (16.33%) of Brooks Steriscience Limited to Steriscience Specialties Private Limited at Rs 20,760 per share, totaling about Rs 106.33 crore in cash. Post-sale, Brooks Labs holding in Brooks Steriscience will drop from 49% to 32.67%, retaining it as a major investment. Proceeds will fund growth, capacity expansion, and general corporate purposes. Board approved the deal on June 19, 2026. This is a partial monetization, not a full exit.
Likely market impact
Brings in Rs 106.33 cr cash for growth and expansion while Brooks Labs stays a key shareholder in Brooks Steriscience at 32.67%.