Investor Rakesh Jhunjhunwala has reduced his stake in watches to jewellery maker Titan Industries by over 1 percent in Jan-March, according to shareholding data released by stock exchanges.
Jhunjhunwala held 8.05 percent in Titan as of Dec 31, 2012. His wife Rekha held 2.26 percent. According to NSE data, his stake has since come down to 6.77 percent as of March 31. Rekha now holds 2.44 percent stake in Titan.
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