InvestorQ : Why has Adar Poonawalla of Serum chosen to exit Panacea Biotech?
Rutuja Nigam made post

Why has Adar Poonawalla of Serum chosen to exit Panacea Biotech?

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4 weeks ago
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Adar Poonawalla offloaded his entire 31.57 lakh shares representing 5.15% stake in Panacea Biotech to Serum Institute for Rs.118 crore. This will increase the stake of Serum Institute in Panacea Biotech from 4.98% to 10.13%. It was just a transfer of ownership.

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