Promoter group inter-se transfer: 35,00,000 shares (15.20%) move from Hoechst GmbH to Sanofi Healthcare India

An internal promoter-group share transfer has been reported.

Mon 28 Sep 2026

Shares Acquired

3,500,000 equity shares

Stake Percentage

15.20% of equity capital

Price per Share

Rs. 3,052

Transaction Date

24th September 2026

Seller Stake Reduction

Hoechst GmbH from 60.38% to 45.18%

What happened

Sanofi Healthcare India Private Limited, an entity in the promoter group of Sanofi India Limited, has acquired 3,500,000 equity shares representing 15.20% of the equity share capital of Sanofi India from Hoechst GmbH, a promoter, on 24th September 2026.

The transaction was undertaken through the block deal mechanism on the stock exchange as an inter-se transfer among members of the promoter and promoter group.

Price

• Shares acquired at Rs. 3,052 per share.

Shareholding before and after

• Sanofi Healthcare India Private Limited: Nil before, 3,500,000 shares (15.20%) after.
• SANOFI (person acting in concert): 4,865 shares (0.02%) before and after.
• Acquirer group total after transfer: 3,504,865 shares (15.22%).
• Hoechst GmbH: from 13,904,722 shares (60.38%) down to 10,404,722 shares (45.18%).

Why no open offer

Because this is a transfer between entities within the same promoter and promoter group, it is exempt from the open offer requirement under Regulation 10(1)(a)(iii) of the SEBI (SAST) Regulations, 2011. The prior intimation under Regulation 10(5) was shared with the stock exchanges on 17th September 2026, and this report is the follow-up disclosure under Regulation 10(6).

What it means for shareholders

The aggregate holding of the promoter and promoter group remains unchanged. Ownership has been reshuffled internally rather than sold to outside investors, so the public shareholding is not affected by this transfer. Investors may read it as a group-level restructuring of how the Indian holding is held.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.