The Hindu Business Line : Fidelity buys 6.74% stake in Aurobindo Pharma

FIDELITY International Ltd (FIL) has informed the stock exchanges that it has, along with FMR Corp and its direct and indirect subsidiaries, acquired 35,90,746 shares of the Hyderabad-based Aurobindo Pharma Ltd (APL), aggregating to 6.74 per cent of its total paid-up capital on January 6.

The mode of acquisition is through open market and the shareholding of FMR Corp and its direct and indirect subsidiaries and FIL and its direct and indirect subsidiaries after the said acquisition now stands at 35,98,316 shares, aggregating to 6.75 per cent of the total paid-up capital of Aurobindo Pharma..

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