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Fidelity ups stake to 12% in IVRCL

Our Bureau

Hyderabad , Aug. 4

FIDELITY International Ltd (FIL), along with others, has acquired 5,90,171 shares of IVRCL Infrastructures & Projects Ltd, constituting 2.81 per cent of the company.

In a communiqué to stock exchanges, IVRCL said the acquisition was made through market purchases on July 26. The shareholding of Fidelity and its associates now stands at 25,64,167 shares, aggregating to 12.22 per cent of the company's share capital.

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