Reliance Industries Ltd.

Reliance Industries’ (RIL) promoter group company -- Pavana Enterprises LLP -- has offloaded over 2 crore shares in the company for about Rs 1,689 crore to another promoter entity. Pavana Enterprises sold 2.04 crore shares of Reliance Industries to Farm Enterprises through an open market transactions.

As on March 31, 2013, Pavana Enterprises held 6.16 crore shares or 1.91% stake in RIL, while Farm Enterprises owned 9.20 crore scrips or 2.85% stake in the company.