Reliance Capital Trustee raises stake in Shoppers Stop
Reliance Capital Trustee Co Ltd has bought around 2.4 per cent in the company by purchasing 19.80 lakh shares estimated to be worth over Rs 60 crore.
By PTI |
New Delhi,: Retail firm Shoppers Stop Ltd (SSL) today said Reliance Capital Trustee Co Ltd has bought around 2.4 per cent in the company by purchasing 19.80 lakh shares estimated to be worth over Rs 60 crore.
In a BSE filing, SSL said after the acquisition on June 20 from open market, Reliance Capital Trustee's stake has gone up to 6.95 per cent.
On the basis of the SSL's closing share price of Rs 318.85) on June 20, the Anil Ambani Group firm may have spent around Rs 63 crore on the share purchase.
In a BSE filing, SSL said after the acquisition on June 20 from open market, Reliance Capital Trustee's stake has gone up to 6.95 per cent.
On the basis of the SSL's closing share price of Rs 318.85) on June 20, the Anil Ambani Group firm may have spent around Rs 63 crore on the share purchase.
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