RJ Corp buys Global Health shares for Rs 379 crore

MUMBAI: Ravi Kant Jaipuria’s RJ Corp acquired 1.07% or 2.8 million shares of Delhi-based Global Health through an open market transaction for 379 crore.

According to BSE bulk deals data, RJ Corp bought shares at 379 apiece. The shares were sold by Dunearn Investments Mauritius, which held a 16.02% stake as of December 31, 2023. Jaipuria is the promoter of Devyani International, which operates brands such as KFC, Pizza Hut, and Costa, among others. RJ Corp held a 5.52% stake in Global Health before the transaction.