Mukesh Ambani gets 552,000 shares in RIL rights issue, company says

Ambani's firm had on April 30 announced fundraising of Rs 53,124 crore by way of a 1:15 rights issue -- India's biggest and the first such issue by the firm in nearly three decades

Billionaire Mukesh Ambani has got 552,000 shares of his flagship firm Reliance Industries (RIL) in the just-concluded Rs 53,124-crore rights issue, according to the company’s regulatory filing on Thursday.

Ambani now holds 8.05 million shares, or 0.12 per cent of RIL, up from 7.5 million shares held before the rights issue. His wife Nita and children Isha, Akash, and Anant too got 0.55 million shares each, after they subscribed to the rights offering. They hold 0.12 per cent each in the firm.

In all, the promoter group got 225 million shares in the rights issue, taking their shareholding in the firm to