new Delhi. Foreign institutional investors (FIIs) in Mukesh Ambani’s Reliance Industries Ltd (RIL) acquired a record 25.2 per cent stake in the quarter ended September 30. The company gave this information in a regulatory filing on Thursday.
RIL issued a statement saying that FIIs have acquired 165.8 crore shares or a total of 25.2 per cent. At the same time, foreign investors held 163.07 crore shares of 24.72 per cent in the last quarter ended June 30.
It is worth mentioning that in the Corona era also, foreign companies have invested heavily in Reliance Industries Limited’s subsidiary Jio Platforms and Reliance Retail. The trend is still ongoing and recently Reliance Retail has received Rs 5,550 crore from global investment firm Kolhberg Kravis Roberts & Co (KKR) for a 128% stake.
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