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Reliance Capital has acquired 6.82% stake in Saregama India

Reliance Capital has acquired 6.82 percent stake in popular music publishing label Saregama India for Rs 43.17 crore through open market transactions.

According the data available with BSE and NSE, the Anil Ambani-led Reliance Group firm has acquired 11,88,000 shares or 6.82 percent stake, in Saregama India.

On BSE 7,65,000 shares were bought at an average price of Rs 364, while 4,23,000 shares were bought on NSE at an average price of Rs 362.37.

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