Reliance Capital Trustee, which held 6.01 percent in the company earlier, now holds 7.87 percent in GIC Housing Finance.

Reliance Capital Trustee Company, acting through various schemes of Reliance Mutual Fund, has purchased 10 lakh shares or 1.86 per cent stake through open market deals, GIC Housing Finance said in a disclosure to the BSE.

At the current prices, 1.86 percent stake is worth Rs 21.53 crore.

Shares of GIC Housing Finance closed at Rs 215.30, up 4.16 percent on the BSE.

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