HighPositive
Announced Tue, 14 Jul · 19:28 IST

Rs 1,839 crore Biocon block deal: ICICI Pru MF biggest buyer along with Citi and Goldman Sachs

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

A Rs 1,839 crore block deal in Biocon saw strong institutional buying, with ICICI Prudential MF emerging as the largest buyer at Rs 737 crore (1.84 crore shares at Rs 400 each). HDFC MF and Kotak Mahindra MF each picked up shares worth about Rs 233 crore, while SBI MF, Aditya Birla Sun Life MF, Franklin Templeton MF, Mirae Asset MF and several others also participated. Foreign entities including Goldman Sachs Bank Europe, Citigroup Global Markets Singapore, Ghisallo Master Fund and Norges Bank were among the buyers.