Granules India Promoter Sells 1.72 Crore Shares In Block Deal

Promoter Dr Krishna Prasad Chigurupati sold 1.72 crore shares via block deal and open market to investors including Capital Group, ChrysCapital and Allspring to fund second tranche of preferential issue. Promoter group holding fell to 31.08% from 38.02%, 37.39% diluted. Context: breaks stable holding history.