Anil Ambani has also taken the right step by announcing a free bonus issue within days of the listing of Reliance Power. In doing so, he has brought down the cost of acquisition for the shares of Reliance Power, which was badly hammered when the stock listed on February 11. This is an unprecedented move never attempted in the history of capital markets. I hope this step will set a good precedent that will serve the interests of retail investors in the long run.
The writer is a Congress MP in Rajya Sabha
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