Portsmouth sells 30 lakh Anthem Biosciences shares in block deal
In short
Portsmouth Technologies LLC sold 30 lakh shares of Anthem Biosciences on October 9. The shares were sold at Rs 833 each, for a total of Rs 249.90 crore.
The sale could cut Portsmouth’s holding in the company a lot. Anthem Biosciences also posted lower total income and profit after tax in Q1 FY27, but the reason for the share sale was not stated.
What the reporting says
Portsmouth Technologies LLC sold 30 lakh shares of Anthem Biosciences in a block deal on October 9, at Rs 833 apiece for about Rs 249.90 crore. The reported transaction would sharply reduce Portsmouth’s stake, and the sources also note that Anthem Biosciences reported a fall in total income and profit after tax in Q1 FY27. What remains unclear is whether the sale reflects a broader exit or a routine stake trim.
Why it matters
Portsmouth Technologies LLC executed a block deal in Anthem Biosciences on October 9, selling 30 lakh shares at Rs 833 each for about Rs 249.90 crore. The reported trade would materially reduce Portsmouth’s stake. The sources also say Anthem Biosciences saw lower total income and profit after tax in Q1 FY27. What is not stated is why Portsmouth sold or whether more selling is planned.