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Rakesh Jhunjhunwala’s Wife Acquires 19.65 Lakh Shares Of Tata Communications

Investor Rakesh Jhunjhunwala’s wife Rekha picked up 19.65 lakh shares of Tata Communications for an estimated Rs 73 crore.

Private investor Rakesh Jhunjhunwala. (Photographer: Santosh Verma/Bloomberg News)
Private investor Rakesh Jhunjhunwala. (Photographer: Santosh Verma/Bloomberg News)

Investor Rakesh Jhunjhunwala's wife Rekha on Monday acquired 19.65 lakh shares of digital infrastructure provider Tata Communications Ltd. for an estimated Rs 73 crore through an open market transaction.

According to bulk deal data available with the BSE, Rekha Rakesh Jhunjhunwala has purchased a total of 19,65,000 shares of Tata Communications.

The shares were bought at an average price of Rs 370, valuing the transaction at Rs 72.7 crore, the data noted.

Meanwhile, Amansa Holding Pvt. Ltd. sold 18,52,638 shares of the digital infrastructure provider for Rs 68.55 crore. As of the June quarter, Amansa Holding owned over 53.88 lakh scrips, or 1.89 percent stake in the company.