Reliance Industries promoters increase their shareholding during the June quarter, raising their combined stake to 50.48% from about 50% at the end of the March quarter, according to regulatory shareholding data cited by multiple outlets. NDTV reports the promoter holding rises from 49.52% in March to 50% by end-June. Business Line and Business Standard similarly state the promoter and promoter group stake reaches 50.48% at the end of the June quarter. The purchases are carried out through market transactions and fall within limits allowed under SEBI’s “creeping acquisition” rules, which permit promoters to gradually increase ownership without triggering a mandatory open offer, subject to prescribed thresholds. Analysts quoted across reports estimate the market purchases cost roughly ₹8,500–9,000 crore. Outlets also note individual promoter holdings disclosed in company filings, including shares held by Mukesh Ambani, his wife and children, and his mother, along with promoter group entities holding larger stakes. The reporting describes the move as an indicator of promoter confidence, though it does not point to any immediate operational impact.
Reliance promoters increase stake to 50.48% via SEBI-regulated market purchases
Reliance Industries promoters increase their shareholding during the June quarter, raising their combined stake to 50.48% from about 50% at the end of the March quarter, according to regulatory shareh...
6 sources
3 months ago
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Key Points
- Reliance Industries’ promoter and promoter group stake rises to 50.48% at the end of the June quarter.
- The stake increases by nearly 0.5 percentage points from about 50% at the end of the March quarter.
- The purchases are made through market buying under SEBI’s creeping acquisition regulations without triggering a mandatory open offer.
- Analysts estimate the market purchases cost about ₹8,500–9,000 crore.
- Some reports note NDTV’s figure that promoter holding rises from 49.52% in March to 50% by end-June.
How Outlets Covered This Story
ECO
Economic Times
Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarter
3 months ago
BUS
Business Standard
Reliance promoters raise stake via market purchases worth up to ₹9,000 cr
3 months ago
FRE
Free Press Journal
Reliance Promoters Raise Stake To 50.48% Through Market Purchases, Signalling Long-Term Growth Confidence
3 months ago
BUS
Business Line - Home
Reliance promoters raise stake by 0.5% through share purchases of ₹8,500-9,000 crore
3 months ago
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