Religare raises stake in ABG Shipyard
ABG Shipyard today said Religare Securities had acquired 2.59% additional stake in the company taking its holding to 5.46%.
In a filing to the Bombay Stock Exchange (BSE), ABG Shipyard said Realigare had acquired over 1.32 million equity shares of the company through open market transactions on September 26.
Religare had 2.87% holding in ABG Shipyard before the transaction.
ABG Shipyard's scrip today closed at Rs 395.45 apiece on the BSE, down 0.60% over the previous closing.