Anil Ambani ups his stake in Reliance Energy close to 44 pc

Mumbai, July 24 (UNI) Anil Dhirubhai Ambani has picked up 2.2 per cent stake in his group company Reliance Energy Ventures Ltd (REVL) through open market transactions, thereby taking his total stake in the company to 43.97 per cent.

Informing the National Stock Exchange, Reliance Energy said Mr Ambani along with PACs (persons acting in concert) Tina A Ambani, Jaianmol A Ambani, Jaianshul A Ambani, Kokila D Ambani, Anadha Enterprise, Bhavan Mercantile, AAA Global Business Management, AAA Project Ventures, Hansdhwani Trading Company, Reliance Capital and Reliance General Insurance Company, have acquired over 2.68 crore shares aggregating to 2.2 per cent of the total paid-up capital of REVL from June 27 up to July 20.

Following the latest acquisitions, it added that the stake of Mr Ambani, along with the PACs in REVL, stands at over 53.77 crore shares aggregating to 43.97 per cent of the company's total paid-up capital, up from 41.77 per cent previously.

Mr Ambani, along with the PACs, has also picked up 2.19 per cent stake (amounting to about 2.68 crore shares) in Reliance Capital Ventures Ltd (RCVL).

With this acquisition (from April 1 to July 19), the stake of Mr Ambani along with the PACs in RCVL, stands at over 51.13 crore shares aggregating to 41.8 per cent of the company's total paid-up capital, up from 39.61 per cent previously.

UNI SN SSS SKB1906