Torrent Pharmaceuticals Sells Shares in UNM Foundation to Torrent Investments
Torrent Pharmaceuticals Limited announced the sale of equity shares in UNM Foundation, a Section 8 company, to Torrent Investments Limited, its holding company, on March 30, 2026. The company sold 50,000 equity shares with a face value of ₹10 each for a total consideration of ₹5,00,000. The transaction was completed at 7:40 PM on the same day.As UNM Foundation is a Section 8 company, it does not generate revenue or turnover. The sale was conducted at arm’s length and constitutes a related party transaction. Torrent Investments Limited is a promoter of Torrent Pharmaceuticals Limited.
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