Rakesh Jhunjhunwala’s firm Rare Enterprises on Wednesday picked up 1.30 crore shares of direct-to-home operator Dish TV India for nearly Rs 93 crore, through an open market transaction.
According to the bulk deal data available with the NSE, Rare Enterprises bought 1.30 crore shares, amounting to 0.71 per cent stake, in Dish TV.
The shares were purchased at an average price of Rs 71.3, valuing the transaction at Rs 92.69 crore, the data showed.
The seller(s) of the shares could not be ascertained immediately.
Dish TV shares settled 1.31 per cent higher on the NSE at Rs 73.70 apiece.