Counseled Mercantile raises stake to over 5% in Future Retail

Counseled Mercantile has acquired nearly Rs 140 crore worth shares in Future Retail, taking its stake in the company to more than 5 per cent.

The company acquired over 1.35 crore share at a price of Rs 103 apiece, Future Retail informed the BSE in a regulatory filing.

Post acquisition, Counseled Mercantile holds over 2.33 crore share of Future Retail.