Monday, March 19, 2012

Reliance Capital Trustee buys 13 mn Mahindra Satyam shares


Reliance Capital Trustee Company, a subsidiary of Anil Dhirubhai Group's Reliance Capital Ltd, today purchased 13 million shares of Mahindra Satyam, erstwhile Satyam Computer Services, for over Rs 87 crore.
In one of the bulk deal, Reliance Capital Trustee Company bought 12,960,000 equities of Mahindra Satyam, according to data available on stock exchanges.

Shares were sold at Rs 67.5 apiece, valuing the deal to Rs 87.48 crore.
However, the buyers of the shares could not be ascertained.

Shares of Mahindra Satyam closed at Rs 70.85 apiece on the BSE, up 1.87% from the previous close.

Courtesy: http://www.business-standard.com/india/news/reliance-capital-trustee-buys-13-mn-mahindra-satyam-shares/160915/on

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