Biocon to procure 26% stake in Hinduja Renewables Two

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On Monday, biopharmaceutical major Biocon signed an agreement with Hinduja Renewables Two for a 26% stake on a fully diluted basis for Rs 5.91 crore. The expected period for completion of the acquisition is December 15, 2020, Biocon specified in a BSE filling. Biocon Ltd shares closed at Rs 419.35 per scrip on BSE. 

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