Ajmera Associates has bought 5.88 lakh shares of IOL Chemicals & Pharmaceuticals through open market route. The shares were purchased on an average price of Rs 40.04 valuing the transaction to Rs 2.36 crore. On the other hand, ITF Mauritius has sold 7.81 lakh shares of the company for an average price of Rs 40.01 through open market route.
IOL Chemicals & Pharmaceuticals is one of the largest manufacturers of APIs and specialty chemicals with presence in over 57 countries across the world. It manufactures and supplies APIs and specialty chemicals for use in various pharmaceutical, textile, packaging, lamination, pesticides and food processing applications.
