RIL promoters buy shares worth Rs113.57 cr

RIL promoters buy shares worth Rs113.57 cr
PTI
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First Published: Wed, Apr 07 2010. 07 31 PM IST
Updated: Wed, Apr 07 2010. 07 31 PM IST
Mumbai: Reliance Industries’ promoter entities have acquired shares worth Rs113.57 crore through off-market transactions, the Mukesh Ambani-led company said on Wednesday.
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 Rs113.57 crore.
After the said transaction, Nityapriya Commercials holds 8.46%, Kshitij Commercials has 10.03%, Kardam Commercials 8.04% and Kankhal Investments and Trading Company holds 10.13% stake in RIL.
Five promoters, however, have sold shares of the company worth Rs78.03 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 Pvt held 4.79%, Bahar Trading 4.81%, Bhumika Trading 4.81%, Ekansha Enterprise 4.75% and Eklavya Mercantile held 4.81% stake in the company.
Shares of Reliance Industries closed at Rs1,129 on the BSE, up 0.70% from its previous close.
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First Published: Wed, Apr 07 2010. 07 31 PM IST