<h1>Strategic Stake Reduction: Multinational Tobacco Giant Sells 2.5% Equity Stake in Indian Conglomerate for Rs 12,941 Crore</h1> A multinational tobacco company sold a 2.5% stake in an Indian conglomerate for Rs 12,941 crore through open market transactions. After the sale, the company's shareholding dropped from 25.44% to 22.94%. The transaction aims to provide financial flexibility, support shareholder returns, and extend the company's share buyback program. Despite the partial divestment, the company continues to view the Indian enterprise as a strategic asset with long-term growth potential.