IE Highlights

Search
Indian Express
Web
Advanced Search
Search Archives

Advertisments

Matrimonials Register FREE on Naukri.com. Get cash upto Rs 10 Lakhs No minimum balance NRI account Rs.250 cashback for credit cards* Buy Original Microsoft Software Book International flights & get 10000 Money Back

Send Flowers

Find Love, Romance & friends

Live Cricket

Power

Reliance Power to announce bonus shares on June 2

Agencies

Posted online: Monday, May 05, 2008 at 1445 hrs Print Email


Mumbai, May 5: : Anil Ambani-led Reliance Power on Monday said that all shareholders of the company except its promoters as on June 2 will be eligible to receive bonus shares.

In a filing to the Bombay Stock Exchange, Reliance Power said shareholders irrespective of whether they subscribed to shares in the Initial Public Offering (IPO) or purchased them from the secondary market would be eligible to get the bonus shares.

"... All shareholders of Reliance Power except promoters who as per the company's records hold shares as at the end of business hours on June 2, 2008, irrespective of whether such shares were subscribed by the shareholders in the company's Initial Public Offering (IPO) or such shares were purchased/acquired from the secondary market or otherwise after th IPO, shall be eligible to receive the bonus shares," the filing said.

The company had declared a bonus issue within few days of its listing on stock exchanges in the ratio of three new shares for every five shares held. Its books would remain closed between June 3 and 5 for the purpose.

In the late afternoon trade, shares of the firm were trading at Rs 401, up 1.07 per cent on the BSE.

Ads By Google

Post CommentView CommentsWrite to Editor

All Headlines All Front Page News
Your comment[s] on this article


Be the first to comment on this story.

Total comment[s]:0 | Read comment[s]| Post your comment

 
Full Coverage

The CM WritesTaking on NaxalsBenazir's AssassinationThird EyeMandate 2007

Most Read Articles

Govt chases ‘cartels’ but the watchdog has no teethAdvani, RSS sit for a Parivar dinnerAll it takes to get a visaMumbai learn home truthPostcard from a new century

Most Emailed Articles

Tobacco warnings get ‘milder’: scorpion, lungsBJP to take up Bush comment on food crisis in House today‘India will never have a revolution. China will need one every two-three centuries, their society is hierarchical, has one call centre. India is diverse’New guidelines on FDI in wholesale trading soonBJP as an open book