The inter-se transfers of shares has not resulted in any change in overall promoter group shareholding in Reliance Industries Ltd (RIL).
According to block deal data available on the BSE, Adisesh Enterprises, Trilokesh Commercials, Abhayaprada Enterprises and Taran Enterprises sold a total of 39,6,085,888 shares amounting to 12.21 per cent stake of RIL.
The shares were bought by Devarshi Commercials and Tattvam Enterprises.
The scrips were transferred on an average price of Rs 1,284, valuing the transaction at Rs 50,858.84 crore, the data showed.
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RIL on March 2 announced that as many as 15 promoter group entities of the company will transfer 118.99 crore shares to eight other promoter group entities at Rs 1,100.78 per share.
The shares being transferred constitute 36.7 per cent of the share capital or 38.74 per cent of voting rights.
Presently, there are 63 promoter group entities and individuals, including Chairman Mukesh Ambani, wife Nita Ambani and children Akash, Anant and Isha, who hold 146.39 crore shares or 45.24 per cent of RIL.
While Mukesh Ambani holds 36.15 lakh shares directly in RIL, his wife Nita holds 33.98 lakh shares. Their children Akash and Isha hold 33.63 lakh shares each, whereas Anant holds 1 lakh shares.