Don’t miss the latest developments in business and finance.

RIL promoters acquire shares worth Rs 113.57 cr

Image
Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 2:33 AM IST

Reliance Industries' (RIL) promoter entities have acquired shares worth Rs 113.57 crore through off-market transactions, the Mukesh Ambani-led company said today.

RIL in a filing to the Bombay Stock Exchange said that four of its promoters --  Nityapriya Commercials Private, Kshitij Commercials Private, Kardam Commercials Private and Kankhal Investments and Trading Company Private -- have acquired shares of the company worth Rs 113.57 crore.

After the said transaction, Nityapriya Commercials holds 8.46 per cent, Kshitij Commercials has 10.03 per cent, Kardam Commercials 8.04 per cent and Kankhal Investments and Trading Company holds 10.13 per cent stake in RIL.

Five promoters, however, have sold shares of the company worth Rs 78.03 crore through off-market transactions, the filing said.

These promoters are Anumati Mercantile Private, Bahar Trading Private, Bhumika Trading Private, Ekansha Enterprise Private and Eklavya Mercantile Private, it added.

As per December quarter shareholding available on the BSE, Anumati Mercantile held 4.79 per cent, Bahar Trading 4.81 per cent, Bhumika Trading 4.81 per cent, Ekansha Enterprise 4.75 per cent and Eklavya Mercantile held 4.81 per cent stake in the company.

Shares of RIL today closed at Rs 1,129 on the BSE, up 0.70 per cent from previous close.

Also Read

First Published: Apr 07 2010 | 7:46 PM IST

Next Story