Reliance Power clarifies eligibiltiy criterion for shareholders to recieve Bonus Share.
Reliance Power to quote cum-bonus upto May 29th 2008.
Book Closure from June 3- June 5th 2008.
Source: BSE - Reliance Power Ltd has informed BSE regarding a Media Release dated May 05, 2008 titled "Reliance Power clarifies eligibility criterion for Shareholders to receive Bonus Shares". Press Release : "Reliance Power Ltd, on May 05, 2008, clarified and reiterated the eligibility criterion for shareholders entitled to receive the Bonus shares to be issued by the Company. Reliance Power, the company with the worlds largest family of shareholders of 4.2 million, has made this announcement in response to several queries from investors and market participants, seeking clarification on the eligibility of shareholders for the purpose of issue of bonus shares. All shareholders of the Company's records hold shares as at the end of business hours on June 02, 2008, irrespective of whether such shares were subscribed by the shareholders in the Company's Initial Public Offering (IPO) or such shares were purchased from the secondary market or otherwise after the IPO, shall be eligible to receive the bonus Shares. As approved by the shareholders of the Company, Reliance Power will issue Bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 each held, to the public shareholders of the Company. On April 25, 2008, the Company had intimated, the period of book closure being June 03, 2008 to June 05, 2008 for the purpose of determining the eligibility of Shareholders to receive bonus shares of the Company as per the Company's records as at the end of business hours on June 02, 2008." Date: 2008-05-06
Reliance Power to quote cum-bonus upto May 29th 2008.
Book Closure from June 3- June 5th 2008.
Source: BSE - Reliance Power Ltd has informed BSE regarding a Media Release dated May 05, 2008 titled "Reliance Power clarifies eligibility criterion for Shareholders to receive Bonus Shares". Press Release : "Reliance Power Ltd, on May 05, 2008, clarified and reiterated the eligibility criterion for shareholders entitled to receive the Bonus shares to be issued by the Company. Reliance Power, the company with the worlds largest family of shareholders of 4.2 million, has made this announcement in response to several queries from investors and market participants, seeking clarification on the eligibility of shareholders for the purpose of issue of bonus shares. All shareholders of the Company's records hold shares as at the end of business hours on June 02, 2008, irrespective of whether such shares were subscribed by the shareholders in the Company's Initial Public Offering (IPO) or such shares were purchased from the secondary market or otherwise after the IPO, shall be eligible to receive the bonus Shares. As approved by the shareholders of the Company, Reliance Power will issue Bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 each held, to the public shareholders of the Company. On April 25, 2008, the Company had intimated, the period of book closure being June 03, 2008 to June 05, 2008 for the purpose of determining the eligibility of Shareholders to receive bonus shares of the Company as per the Company's records as at the end of business hours on June 02, 2008." Date: 2008-05-06
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