Rekha Jhunjhunwala Offloads 5.5% Stake in Tata Group Firm Rallis India; Details - News18
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Last Updated: July 19, 2023, 11:08 IST Rekha Jhunjhunwala offloaded 97 lakh shares or nearly 5 percent stake in Rallis India Jhunjhunwala Portfolio: Rekha Jhunjhunwala sold a 5.5 per cent stake in Rallis India for Rs 230 crore on NSE Tata Group company Rallis India shares were in focus in trade on Wednesday after Rekha Jhunjhunwala sold a 5.5 per cent stake in Rallis India for Rs 230 crore on NSE. The purchase was executed through the stock exchange via block deal. The ace investor sold about 1.06 crore shares in Rallis India through a bulk deal on the NSE. Jhunjhunwala offloaded 97 lakh shares in the company at an average price of Rs 215.05 apiece, and 9,96,091 shares at an average price of Rs 220.35. All in all, the shares were sold at an average price of Rs 215.54 apiece, as per data available with the exchanges. Meanwhile, promoter Tata Chemicals bought 97 lakh shares or 4.99 percent of the paid-up share capital of Rallis India at an average price of Rs 215.05 per share