Reliance Industries Ltd recently said its subsidiary has purchased additional 8.14 per cent stake in luxury fashion retail firm Genesis Colors for about Rs. 34.17 cr. “Reliance Brands, a subsidiary of the Company, has purchased an additional 8.14 per cent equity stake in luxury fashion retail firm Genesis Colors Limited for about Rs. 34.17 cr, taking its total stake in GCL to 9.29 per cent,” RIL said in a filing.