January 17, 2012

Stock : Reliance Industries ~ Sector : Oil & Gas

Source : Economic Times

• The Government of Singapore has acquired a 1.09% stake, now worth about Rs 2,500 crore, in Mukesh Ambani-led Reliance Industries (RIL), the company’s latest shareholding data shows.
• The Singapore government held 3,57,72,679 (more than 3.57 crore) shares of RIL as on December 31, 2011, accounting for a 1.09% stake in the company.
• At the current price of Rs 713.40 a piece, these shares are worth about Rs 2,550 crore.