Reliance Industries Ltd.

The Government of Singapore has acquired 1.09% stake in Mukesh Ambani-led Reliance Industries (RIL). As per the company's latest shareholding data, the Singapore Government held 3,57,72,679  shares of RIL as on December 31, 2011.

At the current market price these shares are worth more than Rs 2,550 crore. The exact time of share purchase by Singapore Government could not be confirmed. However, in the quarter ended September 30, 2011, its name did not figure in the list of shareholders with a minimum one percent stake.

Another major non-promoter shareholder, state-run insurance giant Life Insurance Corporation of India (LIC) held 7.31 percent stake as on December 31, 2011, up from 7.18 percent at the end of previous quarter.