{"id":"690d143b-4975-47c7-ae55-42ab1df2df78","url":"https://www.thehindubusinessline.com/markets/stock-markets/fosun-pharma-sells-45-stake-in-gland-pharma-for-rs-2121-crore/article71433130.ece","domain":"thehindubusinessline.com","outlet":{"name":"Thehindubusinessline","country":null,"cred":null,"lean":null,"curated":false},"title":"Fosun Pharma sells 4.5% stake in Gland Pharma for Rs 2,121 crore","plainHeadline":"Fosun Pharma sold 4.5% stake in Gland Pharma for Rs 2,121 crore","rewrite":{"model":null,"at":null},"summary":["Fosun Pharma Industrial Pte Ltd sold 75,05,500 shares, a 4.55% stake in Gland Pharma.","The transactions reduced Fosun Pharma's holding in Gland Pharma below 50% to 47.22%.","Average deal price was Rs 2,826.60 per share, total value Rs 2,121.50 crore.","Mutual funds, insurers and foreign investors bought the shares in equal amounts.","Gland Pharma’s Q1 earnings rose with net profit up 47% and revenue up 19.5%."],"topics":["Finance","Economy"],"lang":"eng","publishedAt":"2026-09-05T16:49:55.000Z","ingestedAt":"2026-09-05T17:14:19.807Z","story":null}