The Hindu Business Line : Franklin Templeton's exposure in Rallis, CCL Products goes up

FRANKLIN Templeton Mutual Fund has informed the National Stock Exchange that it has through its various schemes recently acquired shares of CCL Products (India) Ltd.

While Franklin India Prima Fund (FIPF) has acquired 7.98 lakh shares aggregating to 6 per cent of the share capital of CCL Products (India) Ltd, Franklin FMCG Fund (FFF) has acquired 24,933 shares aggregating to 0.19 per cent. The acquisition through market was on July 25.

The shareholding of Franklin Templeton Mutual Fund under its various schemes after the acquisition has gone up to 8.76 per cent of the share capital of CCL Products.

It also said that it has acquired 5.67 per cent stake in Rallis India. While FIPF has acquired 2.50 per cent, Opportunities Fund bought 2.33 per cent and Prima Plus scheme 0.84 per cent, aggregating 5.67 per cent in the share capital of Rallis India.

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