RIL sells 85 lakh shares of Asian Paints

Reliance Industries has sold 85 lakh shares of Asian Paints in a block deal at INR 2,207 a piece for a total amount of INR 1,876 crore. ICICI Prudential Mutual Fund was the buyer.Last week, RIL had sold 3.5 crore shares of the paint company through block deals at INR 2,201 per share, leaving it with a balance holding of 87 lakh shares.