Monday, February 18, 2008

Reliance Power proposes bonus shares to non promoters.

A week after its disappointing listing, there is some hope for Reliance Power investors. In a desperate attempt to boost investor confidence and shore up the Ambani brand, the Anil Dhirubhai Ambani Group is using all the power available. A board meeting on Feb 24 will consider issue of bonus shares to all investors, excluding the promoters.

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