left arrow Oct 09, 2026

UBS Securities India Private Limited and BNP Paribas Securities India Private Limited in relation to sale of 9,897,000 equity shares of Gland Pharma Limited by Fosun Pharma Industrial Pte. Ltd.

AZB & Partners advised UBS Securities India Private Limited and BNP Paribas Securities India Private Limited in relation to sale of 9,897,000 equity shares of Gland Pharma Limited by Fosun Pharma Industrial Pte. Ltd. for an amount aggregating to INR 28 billion. The sale took place on the floor of the stock exchanges via screen-based trading platform.

The deal team comprised our Senior Partner Varoon Chandra; our Partner Rahul Aggarwal; and our Senior Associate Tanaiy Tewari.

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