The promoter group of Reliance Home Finance Ltd has acquired a 1.67 per cent stake in the company through 'reversal of invocation of equity shares'. This increases their stake in the housing finance company to 74.76 per cent.
The promoter group comprises Anil D Ambani, Tina A Ambani, Jai Anmol A Ambani, Jai Anshul A Ambani, Kokila D Ambani, Reliance Inceptum Pvt Ltd, Reliance Innoventures Pvt Ltd, Reliance Infrastructure Consulting & Engineers Pvt Ltd, Reliance Infrastructure Management Pvt Ltd, Reliance Capital Ltd and Crest Logistics and Engineers Pvt Ltd.
Reliance Inceptum Pvt Ltd, in a regulatory filing, said 80,97,931 equity shares were acquired by the acquirer and persons acting in concert.
Reliance Home Finance’s shares closed at Rs 3.42 apiece on Friday, up 4.91 per cent on the BSE over the previous close.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.