Business

Mukesh Ambani gets 5.52 lakh shares in RIL rights issue

Mukesh Ambani gets 5.52 lakh shares in RIL rights issue

TIL Desk/Business/Mumbai/ Billionaire Mukesh Ambani has got 5.52 lakh shares of his flagship firm Reliance Industries (RIL) in the just-concluded Rs 53,124 crore rights issue, according to the company’s regulatory filing on Thursday.

Ambani now holds 80.52 lakh shares or 0.12 per cent of RIL, up from 75 lakh shares held before the rights issue. His wife Nita and children Isha, Akash, and Anant too got 5.52 lakh shares each after they subscribed to the rights offering. They, too, hold 0.12 per cent each in the firm.

In all, the promoter group got 22.50 crore shares in the rights issue, taking their shareholding in the firm to 50.29 per cent, marginally higher than 50.07 per cent earlier. Public shareholding marginally reduced to 49.71 per cent from 49.93 per cent, the filing showed.

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