Bain Capital sells 1.02 pc stake in Emcure for Rs 352 cr

New Delhi, Jun 25 (PTI) Global investment firm Bain Capital on Thursday divested a 1.02 per cent stake in Emcure Pharmaceuticals for Rs 352 crore through open market transactions.

BC Investments IV Ltd, a Mauritius-based investment vehicle and an affiliate of Bain Capital, offloaded more than 19.39 lakh shares in two tranches, representing a 1.02 per cent stake in Pune-based Emcure, according to block deal data on the NSE.

The shares were disposed of at an average price of Rs 1,817 apiece, taking the combined transaction value to Rs 352.40 crore.

Goldman Sachs, BNP Paribas Financial Markets and Morgan Stanley purchased shares of Emcure at the same price.

Other buyers were Aditya Birla Sun Life Mutual Fund (MF), HSBC MF, Axis MF, HDFC Standard Life Insurance

Company, and Alpha Alternatives, according to the data.

Shares of Emcure Pharmaceuticals rose 2.44 per cent to close at Rs 1,885 apiece on the National Stock Exchange (NSE).

US-based Bain Capital invested in Emcure in 2014.

Earlier this month, Bain Capital sold nearly a 2 per cent stake in Emcure Pharmaceuticals for Rs 612 crore. Before that, in April, Bain Capital pared nearly 1 per cent stake in Emcure for over Rs 289 crore.

In July 2025, Bain Capital sold a 2.4 per cent stake in Emcure for Rs 563 crore.

In a separate block deal on the NSE, BNP Paribas Financial Markets, Malabar India Fund Ltd, HDFC MF, and Invesco MF collectively purchased a 3 per cent stake in Bansal Wire Industries from its promoter, Mrinaal Mittal, for Rs 145 crore through open market transactions.

These entities acquired a total of 46.82 lakh equity shares, representing a 2.99 per cent stake, at an average price of Rs 309 per share.

This took the deal value to Rs 144.70 crore.

Mittal disposed of the same number of shares at the same price.

After the stake sale, Mittal’s holding in Bansal Wire Industries has come down to 1.08 per cent from 4.07 per cent. Also, the combined holding of promoters and promoter group entities fell to 75 per cent from 77.99 per cent.

The scrip of Bansal Wire Industries ended flat at Rs 315 apiece on the NSE.

In a filing on Thursday, Bansal Wire Industries said that its promoter Mrinaal Mittal sold the shares of the company to meet the minimum public shareholding prescribed under Sebi’s laws. PTI HG HG BAL BAL BAL