Bayer AG acquired 11.91% of Bayer CropScience Ltd from Bayer CropScience AG in a block deal. This consolidates promoter shareholding, increasing Bayer AG's direct stake to 20.34% while the overall promoter holding remains stable.
Detailed Coverage
Bayer AG Consolidates Stake in Bayer CropScience to 20.34%
Bayer AG has acquired 53,54,030 equity shares, representing 11.91% of Bayer CropScience Limited, from Bayer CropScience AG in an inter-se promoter transfer.
Reader Takeaway: Ownership consolidation under Bayer AG; no change in overall promoter stake.