Reliance Capital Trustee reduces stake in Wyeth to 5.27 pc
Reliance Capital Trustee has reduced its stake to 5.27 per cent in Pharma major Wyeth after selling shares in an open market transaction.
In a disclosure to the Bombay Stock Exchange, Wyeth said Reliance Capital Trustee has sold over 1.99 lakh shares, representing 0.88 per cent stake, aggregating to Rs 10.72 crore.
Prior to the aforesaid sell-off, Reliance Capital Trustee had 6.15 per cent stake, while now it holds over 11.98 lakh shares representing 5.27 per cent stake in the company.
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