<p>Reliance Retail Ventures Ltd on Tuesday purchased shares worth over Rs 1,332 crore in Just Dial Ltd, through an open market transaction.</p>.<p>The scrips were offloaded by Just Dial's promoter, Venkatachalam Sthanu Subraman.</p>.<p>According to block deal data on the BSE, Reliance Retail Ventures bought 1.3 crore scrips at an average price of Rs 1,020 apiece.</p>.<p><strong>Also read — <a href="https://www.deccanherald.com/business/business-news/reliance-retail-to-acquire-majority-stake-in-just-dial-for-rs-3497-crore-1009391.html" target="_blank">Reliance Retail to acquire majority stake in Just Dial for Rs 3,497 crore</a></strong></p>.<p>The total deal value stood at Rs 1,332.23 crore.</p>.<p>The scrips were sold by Subraman at the same price.</p>.<p>According to the shareholding data for the June 2021 quarter, Subraman is a promoter of the firm and held 30.9 per cent stake.</p>.<p>Shares of Just Dial on Tuesday ended at Rs 989.7 apiece, down 2.76 per cent on the BSE.</p>
<p>Reliance Retail Ventures Ltd on Tuesday purchased shares worth over Rs 1,332 crore in Just Dial Ltd, through an open market transaction.</p>.<p>The scrips were offloaded by Just Dial's promoter, Venkatachalam Sthanu Subraman.</p>.<p>According to block deal data on the BSE, Reliance Retail Ventures bought 1.3 crore scrips at an average price of Rs 1,020 apiece.</p>.<p><strong>Also read — <a href="https://www.deccanherald.com/business/business-news/reliance-retail-to-acquire-majority-stake-in-just-dial-for-rs-3497-crore-1009391.html" target="_blank">Reliance Retail to acquire majority stake in Just Dial for Rs 3,497 crore</a></strong></p>.<p>The total deal value stood at Rs 1,332.23 crore.</p>.<p>The scrips were sold by Subraman at the same price.</p>.<p>According to the shareholding data for the June 2021 quarter, Subraman is a promoter of the firm and held 30.9 per cent stake.</p>.<p>Shares of Just Dial on Tuesday ended at Rs 989.7 apiece, down 2.76 per cent on the BSE.</p>