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Our Bureau

Mumbai , March 28

FIDELITY Group has bought 9.23 per cent equity stake in UTV Software Communications through open market purchase on March 17, the day UTV shares made their debut.

UTV today informed the NSE that with this purchase, Fidelity's holding is 9.99 per cent.

Various Fidelity Group companies acquired 18,00,000 equity shares aggregating 9.23 per cent of the paid-up capital of UTV.

The UTV shares ended at Rs 142.30 on the NSE, up Rs 1.15 from the previous close.

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