Mukesh Ambani's masterstroke: Rs 500 crore bet delivers Rs 9,580 crore windfall gain for Reliance Industries

  • Posted on June 17, 2025
  • By Business News Today
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Mukesh Ambani's masterstroke: Rs 500 crore bet delivers Rs 9,580 crore windfall gain for Reliance Industries

On Monday, Reliance Industries (RIL) announced the sale of its remaining 87 lakh equity shares in Asian Paints through a block deal valued at ₹1,876 crore. The shares were sold to ICICI Prudential Life Mutual Fund at an average price of ₹2,207.65 per share.
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