Parichay Infrastructure Completes Open Market Acquisition of Shares in Biogen Pharmachem Industries
PARICHAY INFRASTRUCTURE LIMITED, which was previously known as PARICHAY INVESTMENTS LIMITED, announced details regarding its recent open market acquisition of shares in Biogen Pharmachem Industries Limited. The transaction was reported on May 18, 2026.The acquisition details relate to Biogen Pharmachem Industries Limited, which is listed on the BSE Limited with the security code 531752. The filing confirmed that the acquiring entity, PARICHAY INFRASTRUCTURE LIMITED, does not belong to the promoter or promoter group of the target company.
Acquisition Details and Holdings
PARICHAY INFRASTRUCTURE LIMITED transacted the shares through the open market. The transaction saw the acquisition of 3,99,32,000 shares, representing 4.42% of the total diluted share capital.The acquisition details, which involve changes in holdings, are summarized below:
| Holding Type | Before Acquisition/Disposal | Transaction Details | After Acquisition/Disposal |
|---|---|---|---|
| Shares Carrying Voting Rights | 8,20,00,000 (9.08%) | Acquisition of 3,99,32,000 shares (4.42%) | 4,20,68,000 (4.66%) |
| Total Shares Held | 8,20,00,000 | 4,20,68,000 |
Capital Structure
The equity share capital of Biogen Pharmachem Industries Limited was noted to remain constant both before and after the acquisition.The total equity share capital and total voting capital of the company are structured as follows:
- Before Transaction: Rs. 90,26,03,000/- divided into 90,26,03,000 Equity shares of Rs. 2/- each.
- After Transaction: Rs. 90,26,03,000/- divided into 90,26,03,000 Equity shares of Rs. 2/- each.
The total diluted share/voting capital of the company, therefore, remains Rs. 90,26,03,000/- divided into 90,26,03,000 Equity shares of Rs. 2/- each.
Stock Price Movement
As of 09:56, Biogen Pharmachem Industries Ltd shares are dipping, trading at ₹0.38, sinking 2.56% in early trading. Throughout the session, the stock has traded in a range between an intraday high of ₹0.39 and a low of ₹0.37.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.