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UTI MF buys 2.23% in Rain Calcining

Our Bureau

Hyderabad, June 3

UTI Mutual Fund has acquired 28,88,226 shares of Rain Calcining Ltd (RCL), aggregating to 2.23 per cent of its total paid-up capital from November 12 last year to May 22 this year. RCL has informed the stock exchanges that the mode of acquisition was secondary market purchase and the shareholding of UTI MF after the said acquisition stood at 93,75,118 shares aggregating to 7.24 per cent of its total paid-up capital.

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