Portsmouth Technologies sells 30 lakh Anthem Biosciences shares for Rs 250 crore
Portsmouth Technologies divested 30 lakh shares of Anthem Biosciences through a block deal at Rs 833 per share, raising Rs 249.90 crore in the transaction. The stake of Portsmouth in the company was substantially reduced following this sale. The biosciences firm experienced a contraction in revenue and net profit during the first quarter of the ongoing financial year.
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