True North's Viridity Tone Sells 3.6% Stake in Anthem Biosciences for ₹1,262 Crore

• True North arm Viridity Tone LLP sold a 3.6% stake in Anthem Biosciences through a block deal.
• The transaction was valued at approximately ₹1,262 crore, with shares sold at an average price of ₹621.11 apiece.
• The floor price of ₹620 per share represented a 6.5% discount to Anthem Biosciences' previous closing price on the National Stock Exchange of India.
• Key buyers included HDFC Mutual Fund (6.075 million shares for ₹377 crore) and SBI Mutual Fund (3.226 million shares for ₹200 crore).
• This sale is part of True North’s ongoing strategy for stake monetisation in Anthem Biosciences through market trades.