The company has seen a near five-fold jump in its share price, giving
promoters Kumar and his partner KR Ravishankar an additional reason to
cash out. Together they own 44% of the company. TPG has a 15.2% stake.
A change in management will also trigger an open offer.
https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/solara-promoter-tpg-plan-to-sell-stake-in-co/articleshow/81078592.cms
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