The Anil Ambani group firm Reliance Capital Partners has hiked its stake in Fame India, which was bought over by Inox Leisure last week, by nearly 2 per cent through open market purchase, taking its stake in the cineplex operator to 8.13 per cent.
Through a bulk deal on the National Stock Exchange, Reliance Capital Partners (RCP) on Tuesday bought 5.71 lakh shares or 1.64 per cent stake in Fame for over Rs. 3.37 crore. That apart, it has also acquired an additional 0.24 per cent, said an RCP spokesperson, but did not disclose the acquisition price.
The two buys take RCP stake in Fame to 8.13 per cent from 6.25 per cent earlier. It can be noted that RCP had just bought a 1.45 per cent stake in Fame on February 3, but since then it has been buying Fame’s shares every day from the open market.