RBS buys 2.5 crore shares in 19 companies for Rs 407 crore
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RBS buys 2.5 crore shares in 19 companies for Rs 407 crore

Last Updated: Thursday, October 25, 2012, 23:40
 
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RBS buys 2.5 crore shares in 19 companies for Rs 407 crore
Mumbai: Royal Bank of Scotland (RBS) today bought a total of 2.5 crore shares in as many as 19 companies including Adani Enterprises, HCL Infosystems and Infosys for a little over Rs 407 crore from ABN Amro Bank.

The shares were bought in these companies from ABN Amro Bank through various bulk deals.

As per information available with the stock exchanges, The Royal Bank of Scotland Asia Merchant Bank (Singapore) bought a total of 2.46 crore shares in these companies for Rs 407.56 crore.

RBS has also purchased shares in Infosys, SKS Microfinance, Jindal Stainless, Diamond Power Infrastructure, Brigade Enterprises, Anant Raj Industries and Banswara Syntex.

It also purchased shares in Aditya Birla Nuvo, Bajaj Auto, Glenmark Pharma, HUL, Tata Steel and Essar Shipping, among others.

Individually, RBS acquired 80.62 lakh shares of Adani Enterprises worth Rs 181.19 crore, it also bought 11.50 lakh scrips of HCL Infosystems valued at Rs 5.26 crore.

The banking firm also acquired 1.5 lakh shares in Infosys for Rs 35.10 crore.

The bank also bought 12 lakh shares of Jindal Stainless for Rs 8.29 crore and 17.5 lakh scrips of SKS Microfinance valued at Rs 21.61 crore. RBS also acquired two lakh shares in Anant Raj Industries for Rs 16.25 crore.

PTI




First Published: Thursday, October 25, 2012, 23:40


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