PSL Sells 0.6% Stake in Sun Pharma Advanced Research, Motilal Oswal Acquires Additional 0.7% Stake in Adisoft

PSL Limited Sells Stake in Sun Pharma Advanced Research Company

On April 30, PSL Limited sold six-tenth of a percent stake in Sun Pharma Advanced Research Company, a clinical-stage bio-pharmaceutical company owned by Dilip Shanghvi, via open market transactions. According to the bulk deals data on the National Stock Exchange, PSL sold 20 lakh shares (0.6 percent stake) in Sun Pharma Advanced for Rs 29.78 crore. The selling price was Rs 148.91 per share.

PSL held 70 lakh shares or 2.16 percent stake in the company as of March 2026. Sun Pharma Advanced Research shares fell 3.72 percent to Rs 143.04 amid high volumes.

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Meanwhile, the action was also seen in the newly listed company Adisoft Technologies which shares soared 25.1 percent to Rs 215.25 against issue price of Rs 172 on Thursday, the first day of listing on the NSE Emerge. Motilal Oswal Financial Services has bought additional 1.2 lakh shares (0.74 percent stake) in Adisoft that provides customised automation solutions for automobile manufacturers, OEMs, and component makers, for Rs 2.56 crore. The buying price was Rs 212.39 per share.

Motilal Oswal Finvest, a subsidiary of Motilal Oswal Financial Services, already held 2.19 percent stake in Adisoft, which was bought in the anchor book. Further, individual investor Jain Sanjay Popatlal has acquired 2 lakh shares (1.22 percent stake) in Adisoft for Rs 4.1 crore at Rs 205 per share.

North Star Opportunities Fund VCC through its Bull Value Incorporated VCC Sub-Fund has acquired 1.01 lakh shares (0.79 percent stake) in AAA Technologies, the information technology and cyber security auditing & consulting company, for Rs 1 crore at Rs 99.05 per share. However, Golden Bio Energy sold 84,370 shares (0.65 percent stake) for Rs 83.52 lakh shares at Rs 99 per share.

AAA Technologies shares closed flat at Rs 99.46 on the National Stock Exchange.

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Darwin Evolution Growth Fund exited Safety Controls & Devices, the turnkey EPC solutions provider for high-voltage substations, fire protection, solar power, and EV charging projects, by selling its entire 2.48 lakh shares (1.25 percent stake) in the company for Rs 1.98 crore at Rs 79.9 per share. However, Amit Rajendra Prasad Agarwal has acquired 2.99 lakh shares (1.5 percent stake) in Safety Controls at same price, valued at Rs 2.39 crore.