i have got 17 shares. So please somebody tell me how many more share i will get as bonus. REPL declared 3 shares bonus on 5 shares, so definitely there will be 9 shares bonus on 15 shares. So then what about remaining two shares from my 17???????
hey, i hv 20 shares of Rel Power i.e. 17 shares from IPO and 3 purchased from mkt. Total 20 shares I hv. How many shares shall I get? 9 shares or 12 shares
NEW DELHI: Anil Ambani-promoted Reliance Power on Sunday said it will give three bonus shares for every five shares held by its shareholders.
The board of directors at its meeting today considered and approved a bonus issue excluding promoters, as per which three shares would be allotted for every five held.
This issue would benefit over four million investors in the company and the cost would be borne by the promoter group by way of diluting its stake. Post bonus issue, the cost of acquisition of Reliance Power shares would come down to Rs 269 for retail shareholders and Rs 281 for institutional investors.
Saying that retail investors are the bedrock and foundation of Reliance Power, its Chairman Anil Ambani said: "In these two weeks, the number of retail shareholders have actually increased. In these 10 trading days, retail investors have acquired 2.5 crore shares."
The approval of bonus issue is an unprecedented step in the history of capital market in India and abroad, he added.
Shares of Reliance Power closed down by 1.21 per cent on Friday at Rs 416.85 on the Bombay Stock Exchange.
i have got 17 shares. So how many more share i will get as bonus. REPL declared 3 shares bonus on 5 shares, so definitely there will be 9 shares bonus on 15 shares. So then what about remaining two shares from my 17???????
sir i have applied 225 shares(fully paid) but i havent got any shares in my a/c and not a refund. in my application status different name is shown i hv complained to karvy abt it but its too long that i hv submitted my proofs of investments. so now what to do. can i do claim on karvy regarding late refund 96750 rs. i hv paid.
Company Name Reliance Power LTD Application No. 55658017 Reference No. 2217565 Dpid 12029900 Client-Id 00001126 Shares Applied 225 Shares Alloted 17 Refund Amount 18,565.00 Name MANISH POKHARNA Address 13 NEW SHANGAR HIRAN MAGIR SEC 3 313002 Disp.Date 02/02/2008 Warr.Date 01/02/2008 In case of non - receipt of refund with in 10 clear working days from the date of despatch, please contact your nearest post office.
Note:Please Provide Your Correct Dpid/ClientId Details Application No Applicant Name Type(NSDL/CDSL) Select One NSDL CDSL Dpid IN ClientId Remarks FP - Invalid DP details