Reliance Capital (RCL), promoting company of Reliance Nippon Life Asset Management (RNAM) successfully sold 6.31 per cent stake in its asset management arm RNAM through offer for sale (OFS) route. This offer, opened on Monday last, received Institutional and Retail participation for over 260 per cent of the base offer size. This is the third OFS, through which RCL has sold total 17.06 per cent stake in RNAM. Through these three OFSs, the RCL has garnered Rs 2,480 crore.