RMW raises stake in Fame to 15.28%

The battle for buying out multiplex operator Fame India is gaining heat as Anil Dhirubhai Ambani Group (ADAG) companies acquired a futher 0.25 per cent equity share of Fame India on June 4, taking their total stake to 15.28 per cent. The shares were purchased in open market operations, Fame India said in a filing to the stock exchanges.

In a filing to the BSE, Fame said, “Reliance Capital Partners, RMW and Reliance Capital Ltd on June 4, purchased 85,962 equity shares constituting 0.25 per cent of the equity share capital of Fame India Ltd.”