BSEInsider Trading / SAST4d ago · 26 Aug 2026, 02:51 pm
The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mylan Inc.
Biocon Ltd · 532523
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Biocon Ltd has received revised disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Mylan Inc. regarding the disposal of 9,19,67,019 shares of Biocon Ltd, representing 5.64% of the total share capital.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Biocon Ltd - 532523 - Revised Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Thanykoiung,
Youfrasi thfully,
FoMry lan Inc.
NamSeu:r eKsrhi shnamachari
DesignAastsiiosnt:a ntG lTorTberaaelsa uOsrpueerrry-a tions
Disclosures under Regulation 29(2) of SEBI (Subs~antial Acquisition of Shares and Takeovers)
Regulations, 2011
Name of the Target Company (TC) Biocon Limited ("Target Company")
Name(s) of the seller and Persons Mylan Inc. ("Seller")
Acting in Concert (PAC) with the seller
Whether the seller belongs to No
Promoter/Promoter group
Name(s) of the Stock Exchange(s) BSE Limited and National Stock Exchange of India Limited
where the shares of TC are listed
Details of the acq1,1isitioR/ disposal as Number % w.r.t. total % w.r.t. total
follows share/voting diluted
capital wherever share/voting capital
applicable{*) of the TC(**)
Before the disposal under
consideration, holding of:
a) Shares carrying voting rights
1) Seller 9,19,67,019 5.64% 5.64%
bl Shares in the nature of
encumbrance (pledge/ lien/
Nil Nil Nil
non-disposal undertaking/
others)
c) Voting rights (VR) otherwise
Nil Nil Nil
than by shares
d) Warrants/convertible
securities/ any other instrument
that entitles the seller to receive
Nil Nil Nil
shares carrying voting rights in
the TC (specify holding in each
category)
e) Total (a+b+c+d) 9,19,67,019 5.64% 5.64%
Details of aeq1,1isitioR/ sale
a) Shares carrying voting rights
aGq1,1ired/sold
1) Seller 9,19,67,019 5.64% 5.64%
b) VRs aGqYiFe~/sold otherwise
Nil Nil Nil
than by shares
c) Warrants/convertible
securities/any other instrument
that entitles the seller to receive
Nil Nil Nil
shares carrying voting rights in
the TC (specify holding in each
category) aeq1:1iFe1:Vsold
di Shares encumbered/
Nil Nil Nil
invoked/released by the seller
e) Total (a+b+c+d) 9,19,67,019 5.64% 5.64%
After the aeq1,1isitieRhale of
shares, holding of:
a) Shares carrying voting rights
1) Seller
Nil Nil Nil
b) Shares encumbered with the
Nil Ni/ Nil
seller
c} VRs otherwise than by shares Nil Nil Nil
d) Warrants/convertible
securities/any other instrument
that entitles the seller to receive
Nil Nil Nil
shares carrying voting rights in
the TC (specify holding in each
category) after sale
e) Total (a+b+c+d) Nil Nil Nil
Mode of aeqwisitioR / sale (e.g. The transaction has been undertaken by way of an open
open market / off-market / public market sa!e.
issue / rights issue / preferential
allotment /-inter-se transfer etc).
Date of aeqwisitieR I- sale of shares 14 July 2026
/ \!R OF date of i:eeeipt of iatiFAatioA
of allotmeRt of sl:laFes, whichever
is applicable
Equity share capital / total voting INR 8,14,84,70,675/- divided into 1,62,96,94,135 equity
capital of the TC before the said shares having face value of INR 5/-each
aert1,1isitioR I-sale
Equity share capital/ total voting I NR 8,14,84, 70,675/- divided into 1,62,96,94, 135 equity
capital of the TC after the said shares having face value of INR 5/-each
aertwisitieR / sale
Total diluted share/voting capital INR 8,15,82,64,600/- divided into 1,63,16,52,920 equity
of the TC after the said aeq1:1isitioR/ shares having face value of INR 5/-each
sale
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the
Stock Exchange under Clause 35 of the Listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion
of the outstanding convertible securities/warrants into equity shares of the TC.
[Signature page to follow]
Yours truly,
For and on behalf of Mylan Inc.
Name: Suresh Krishnamachari
Designation: Assistant Treasurer-Global Treasury Operations
Place: Hyderabad
Date: 26 August 2026