Reliance Capital, Anil Ambani group company has increased its stake in IT solutions provider Aurionpro Solutions by buying additional 2,40,000 shares for about Rs 3 crore through an open market transaction. The company was holing 10,19,213 shares or 6.4% stake in Aurionpro Solutions as of September quarter. It has bought 2,44,166 shares of Aurionpro Solutions for Rs 125 apiece through a bulk deal.
Reliance Capital, controlled by billionaire Anil Ambani, manages assets of over $19 billion across mutual funds, pension funds, managed accounts and hedge funds. Its other businesses include insurance, broking, consumer and commercial finance.