Apollo Hospitals Enterprise Ltd.

Apollo Hospitals Enterprise’s two promoters -- Preetha Reddy and Sangita Reddy -- have offloaded 19.4 lakh shares of the company, on aggregate basis, to a promoter group entity PCR Investments. Though, Preetha Reddy sold 9.50 lakh shares of the company while Sangita Reddy sold 9.90 lakh shares of the company.

Meanwhile, PCR Investments has acquired the shares at average of price of Rs 619 apiece valuing the deal to Rs 120 crore.

As on June 30, Preetha Reddy held 2.48% stake in the healthcare firm, while Sangita Reddy held 3.22% holding in the company. PCR Investments held 16.76% stake in Apollo Hospitals Enterprise at the end of June quarter.

The Apollo Hospitals group operates 54 hospitals, several clinics, dental care centers and a pharmacy chain across the country.