Nippon India Mutual Fund Buys Over 1% Stake in Sanofi India Via Bulk Deal

Nippon India Mutual Fund increased its holding in Sanofi India through a bulk deal executed on June 12, purchasing more than 1% of the company's equity.  

The transaction coincided with a stake sale by HDFC Life Insurance Company, with both deals taking place at the same price on the open market. 

Nippon India Acquires 1.14% Stake 

According to the bulk deal data, Nippon India Mutual Fund purchased 2,64,418 shares of Sanofi India, representing a 1.14% equity stake. The acquisition was valued at ₹83.19 crore, with the shares changing hands at ₹3,150 apiece. 

HDFC Life Insurance Sells 1.19% Stake 

On the other side of the transaction, HDFC Life Insurance Company sold 2,75,000 shares, equivalent to a 1.19% stake, for ₹86.62 crore at the same price of ₹3,150 per share. 

As of March 2026, Nippon Life India Trustee, through Nippon India Small Cap Fund, held a 3.79% stake in Sanofi India, while HDFC Life Insurance Company held 1.47% through its Shareholders Solvency Margin Account. 

Read More: Equity Mutual Fund Cash Holdings Decrease to 5.2% in May 2026; PPFAS Cash Allocation Remains at 17.7%! 

Conclusion 

With the June 12 bulk transactions, Nippon India Mutual Fund added a 1.14% stake in Sanofi India while HDFC Life Insurance Company reduced its holding through a 1.19% stake sale.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.