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Apollo Hospitals shares worth ₹1,489 crore sold via block deal – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Apollo Hospitals shares worth ₹1,489 crore sold via block deal

Apollo Hospitals shares worth ₹1,489 crore sold via block deal

Representational image of Apollo hospital building in New Delhi
| Photo Credit: Reuters

Shares in Apollo Hospitals were offloaded in a block deal worth ₹1,489 crore, exchange data showed on Friday (August 22, 2025).

About 19 lakh shares were sold at a floor price of ₹7,850 apiece. The price is a near 1% discount to Thursday’s close.

Shares of the company were trading 0.5% lower in early trade on Friday.

Apollo Hospitals’ Managing Director Suneeta Reddy is likely to divest up to 1.25% stake worth ₹1,395 crore, news channel CNBC-TV18 reported on Thursday, citing sources.

Suneeta Reddy and Apollo Hospitals did not respond to Reuters‘ requests for comments. Ms. Reddy held a 3.36% stake in the company as of June 30, per exchange data.

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