Rakesh Jhunjhunwala’s firm Rare Enterprises today picked up 1.30 crore shares of direct-to-home operator Dish TV India for nearly ₹ 93 crore, through an open market transaction.

According to the bulk deal data available with the NSE, Rare Enterprises bought 1.30 crore shares, amounting to 0.71 per cent stake, in Dish TV.

The shares were purchased at an average price of ₹ 71.3, valuing the transaction at ₹ 92.69 crore, the data showed.

The seller(s) of the shares could not be ascertained immediately.

Dish TV shares settled 1.31 per cent higher on the NSE at ₹ 73.70.

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