Jhun­jhun­wala firm Rare Ent buys Dish TV shares

Financial Chronicle - - MONEY - PRESS TRUST OF IN­DIA

RAKESH Jhun­jhun­wala's firm Rare En­ter­prises on Wed­nes­day picked up 1.30 crore shares of direct-to-home op­er­a­tor Dish TV In­dia for nearly Rs 93 crore, through an open mar­ket trans­ac­tion. Ac­cord­ing to the bulk deal data avail­able with the NSE, Rare En­ter­prises bought 1.30 crore shares, amount­ing to 0.71 per cent stake, in Dish TV.

The shares were pur­chased at an av­er­age price of Rs 71.3, valu­ing the trans­ac­tion at Rs 92.69 crore, the data showed.

The seller( s) of the shares could not be as­cer­tained im­me­di­ately.

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