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Jhunjhunwala buys 2.2% more in Aptech

The promoter of Aptech purchases 10.95 lakh shares of the company for Rs 70.44 apiece

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Press Trust of India Mumbai

Ace investor Rakesh Jhunjhunwala today bought 2.24% stake in global career education and training firm Aptech for nearly Rs 8 crore through an open market transaction.

According to the bulk data available with stock exchanges, Jhunjhunwala, one of the promoter of Aptech, purchased 10.95 lakh shares (amounting 2.24% stake) of the company for Rs 70.44 apiece, valuing the deal to Rs 7.71 crore.

Meanwhile, Royal Bank of Scotland (RBS) sold its entire 9.78 lakh shares for Rs 70.25 apiece for Rs 6.87 crore.

As of March quarter, Jhunjhunwala held 31.52 lakh shares or 6.46% stake in the company in his personal capacity, while RBS held 9.78 lakh shares or 2.01% holding in the company.

Shares of Aptech jumped 11.6% to close at Rs 73.60 apiece on the BSE.

 

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First Published: May 10 2012 | 8:03 PM IST

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