Reliance promoters raise stake by 0.5 pc through Rs 8,500-9,000 cr worth of share purchases

Reliance promoters raise stake by 0.5 pc through Rs 8,500-9,000 cr worth of share purchases https://www.taxtmi.com/news?id=73880 Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans. en-us Fri, 17 Jul 2026 12:16:03 +0530 Fri, 17 Jul 2026 12:16:03 +0530 TaxTMI RSS Generator Reliance promoters raise stake by 0.5 pc through Rs 8,500-9,000 cr worth of share purchases https://www.taxtmi.com/news?id=73880 Promoter and promoter-group shareholding in Reliance Industries Ltd increased by nearly 0.5 percentage points through market purchases during the June quarter. The purchases were reported to be within SEBI creeping acquisition limits, allowing gradual promoter acquisitions without triggering a mandatory open offer where prescribed thresholds are met. The increase may strengthen promoter control and marginally reduce public float, and was characterised as reflecting confidence in long-term growth, earnings trajectory and capital-allocation plans. News - Fri, 17 Jul 2026 12:16:03 +0530 https://www.taxtmi.com/news?id=73880