India's Reliance Industries sells $901 million stake in Asian Paints
BENGALURU, June 12 (Reuters) - India's Reliance Industries RELI.NS said on Thursday that it sold a stake worth 77.04 billion rupees ($900.8 million) in Asian Paints ASPN.NS. The oil-to-telecom conglomerate said it sold 35 million shares in Asian Paints at a price of 2,201 rupees per share. (Reporting by Nishit Navin) ((Nishit.Navin@thomsonreuters.com;))
Recent news on Asian Paints
See all newsIndian paint makers rise as oil drops on US-Iran agreement to end war
Street View: Strong volumes to support Asian Paints, margins in focus
India's Asian Paints beats quarterly profit view on decorative business boost (updated)
India's Asian Paints rises after quarterly profit jump
India's Asian Paints beats quarterly profit view