FIIs hike stake in Reliance Industries to 25.2%

October 22, 2020 15:04

Foreign institutional investors (FIIs) have raised stake in billionaire Mukesh Ambani-led Reliance Industries to a record 25.2 per cent in the quarter ended September 30, according to the company's regulatory filing. Reliance Industries on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30.

The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding. In the previous quarter ended June 30, foreign investors held 163.07 crore shares of 24.72 per cent. In an investor note, JP Morgan said FII holding in RIL has hit a new high. -- PTI

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