English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksReliance MF picks up 1.1% stake in INOX Leisure

    Reliance MF picks up 1.1% stake in INOX Leisure

    On April1, 2015 Reliance Mutual Fund long term equity fund bought 496,374 shares of INOX Leisure at Rs 170 on the BSE.

    April 03, 2015 / 10:48 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Moneycontrol Bureau

      Reliance (Mutual Fund) Long Term Equity Fund has bought 1.1 percent equity stake in INOX Leisure that operates and manages multiplexes and cinema theatres in India.

      Reliance MF has bought 4,96,374 equity shares on the Bombay Stock Exchange and 5,71,658 shares on the National Stock Exchange at Rs 170 each through two block deals on Wednesday.

      Reliance Capital (Reliance Land Private Limited) has 4.91 percent stake (47,37,000 shares) in Inox, as of December 2014.

      On Wednesday, the scrip of INOX Leisure closed at Rs 173.65, up Rs 3.95, or 2.33 percent on the BSE.

      first published: Apr 2, 2015 08:57 am

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347