Mukesh Ambani, wife raise shares in Reliance Industries Ltd

New Delhi: Billionaire Mukesh Ambani, his wife, and three children have marginally raised their personal shareholding in Reliance Industries Ltd (RIL) by acquiring some shares of another promoter group entity.

Overall, the promoter group shareholding in the oil-to-telecom conglomerate remains unchanged at 47.45 per cent, the company said in a regulatory filing. Devarshi Commercials LLP, a promoter group company, sold down its shareholding to Ambani family and other promoter group firms, Tattvam Enterprises LLP and Samarjit Enterprises LLP. Post the transaction, Devarshi Commercials LLP will hold 8.01 per cent stake, down from 11.21 per cent. Mukesh Ambani, who personally held 72.31 lakh shares or 0.11 per cent of RIL, raised his holding to 75 lakh or 0.12 per cent. His wife, Nita too raised shareholding to 75 lakh from 67.96 lakh. Twins Akash and Isha who held about 67.2 lakh shares, too have raised their holding to 75 lakh. Youngest of the three siblings, Anant, who had only 2 lakh shares in RIL, will raise his holding to 75 lakh. This is the first time that Mukesh Ambani, his wife, and three children will hold an equal number of shares of RIL.

Previously, Mukesh held the highest, followed by wife Nita, son Akash, and daughter Isha. Anant had the least number of shares in the company.