According to data available with the exchanges, Rekha Jhunjhunwala has offloaded 97 lakh shares or nearly 5% stake in the company. The transaction was done at a price of Rs 215 apiece, fetching the investor about Rs 208 crore. Rallis India has recently announced its first quarter earnings, where it has recorded a revenue of Rs 782 crore, down from Rs 863 crore clocked in the previous year quarter.
Shanghai Stock Exchange to run test after transaction delay
The Shanghai Stock Exchange will conduct tests on its auction and other platforms on Sunday following an unexplained transaction delay. The delay occurred during a