Copthall Mauritius sells Rs 81 crore worth of Reliance shares

Copthall Mauritius Investment Ltd executed an open market transaction on Thursday, selling 3.47 lakh shares of Reliance Industries Ltd for a sum exceeding Rs 81 crore. The shares were sold at an average price of Rs 2,335.90 per piece, contributing to a total transaction value of Rs 81.15 crore. This divestment took place as Reliance Industries' stock experienced a 1.05 per cent decline, closing at Rs 2,311.45 apiece on the National Stock Exchange (NSE).

According to data from the NSE regarding the block deal, The MTBJ Ltd, acting as Trust for the Government Pension Investment Fund, acquired the same number of Reliance Industries shares at the identical price. This transaction reflects the dynamic nature of the stock market, with investors making strategic moves based on market conditions and individual investment strategies.

(With PTI inputs)