RJ Corp buys Global Health shares for Rs 379 crore

By B2B Desk | Feb 15, 2024

Share

MUMBAI: Ravi Kant Jaipuria's RJ Corp acquired 1.07% or 2.8 million shares of Delhi-based Global Health through an open market transaction for 379 crore.

According to BSE bulk deals data, RJ Corp bought shares at 379 apiece. The shares were sold by Dunearn Investments Mauritius, which held a 16.02% stake as of December 31, 2023. Jaipuria is the promoter of Devyani International, which operates brands such as KFC, Pizza Hut, Costa, and others. RJ Corp held a 5.52% stake in Global Health before the transaction.

Also Read: Delhi business hit due to farmers' march, buyers' footfall from NCR down by 75%

Comments

Recently Post

Modi Meets Xi: Trump’s Tariffs, Strategic Autonomy, and the Future of Asia’s Power Balance

Google Claims Gemini AI Uses Just ‘Five Drops of Water’ Per Prompt, Sparks Debate

Fired by Elon Musk, Ex-Twitter CEO Parag Agrawal Launches ‘Deep Research API’ to Rival ChatGPT

Trump’s 50% Tariff on India: A Big Blow to ‘Make in India’ and Exports

Intel CEO Under Fire: Trump, China Links, and the Future of US Chip Security

India Now Faces Highest US Tariff at 50%: How It Compares Globally & What’s Next

India-US Trade Talks Collapse: Tariffs, Russia Ties & Export Risks Explained