HDFC MF, ADIA among buyers as Sepia Investments offloads Rs 749 crore in Corona Remedies via block deal

Sepia Investments sold shares worth about Rs 749 crore in Corona Remedies Limited on June 17, 2026, through a block deal on the stock exchange, with a clutch of marquee institutional investors, including HDFC Mutual Fund, Aberdeen Asset Management entities, and the Abu Dhabi Investment Authority, picking up the stake.

According to block deal data for the day, Sepia Investments sold 43,28,943 shares of Corona Remedies at Rs 1,730 apiece, translating into a deal value of roughly Rs 748.9 crore. A second seller, Anchor Partners, offloaded 1,61,861 shares at the same price, worth about Rs 28 crore. Taken together, the two sellers divested shares worth approximately Rs 776.9 crore in the pharmaceutical company.

On the buy side, twelve investors picked up the shares at Rs 1,730 each. HDFC Mutual Fund was the largest buyer, acquiring 24,50,000 shares worth about Rs 423.9 crore, accounting for more than half the total deal value by itself.

Aberdeen Asian Smaller Companies Investment Trust Plc bought 4,50,868 shares worth roughly Rs 78 crore, while Aditya Birla Sun Life Mutual Fund picked up 4,90,000 shares worth about Rs 84.8 crore. The Abu Dhabi Investment Authority bought 39,130 shares worth approximately Rs 6.8 crore, through its ADIA.

Other buyers included Aberdeen Standard Sicav I – Asian Smaller Companies Fund, which picked up 2,74,132 shares worth about Rs 47.4 crore, and Invesco Mutual Fund, which bought 2,89,017 shares worth about Rs 50 crore. Kotak Mahindra Mutual Fund acquired 1,61,861 shares worth about Rs 28 crore, matching the exact quantity sold by Anchor Partners.

India Acorn ICAV – Ashoka WhiteOak Emerging Markets Equity Fund bought 1,48,686 shares worth about Rs 25.7 crore, while WhiteOak Capital Mutual Fund picked up 1,45,000 shares worth about Rs 25.1 crore. Rounding out the buy side were Ashoka WhiteOak Emerging Markets Equity ex China Fund, which bought 29,520 shares worth about Rs 5.1 crore, Factory Mutual Insurance Company, which picked up 10,670 shares worth about Rs 1.9 crore, and TCW White Oak Emerging Markets Equity Fund, the smallest buyer in the block, with 1,920 shares worth about Rs 33 lakh.