Serum Institute CEO Adar Poonawalla sells his entire stake in Panacea Biotec

He offloaded his entire stake amounting to Rs 118 crore

The shares were sold through an open market transaction

They were picked by the Serum Institute of India (SII) at the same price

As of March 31 shareholding data, both Poonawalla and SII were public shareholders in the firm

Shares of Panacea Biotec on Monday ended at 1.16% higher than the previous close

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