ReferIndia News Brooks Laboratories sells Brooks Steriscience stake for ₹106.33 crore

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Brooks Laboratories sells Brooks Steriscience stake for ₹106.33 crore

Published on: June 19, 2026, 9:39 p.m. | Source: scanx.trade

Brooks Laboratories Ltd approved the sale of 51,220 equity shares in Brooks Steriscience Limited to Steriscience Specialties Private Limited for ₹20,760 per share, totaling approximately ₹106.33 crore. The transaction reduces the company's stake from 49.00% to 32.67% and is not a related party transaction. Proceeds will be used for expansion, capacity enhancement, and general corporate purposes.

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