8th Apr 2008 07:00
Reliance Energy Ld07 April 2008 Media Release Reliance Energy buys back 2,00,000 equity shares Mumbai, April 3, 2008: Reliance Energy Limited today bought-back 2,00,000equity shares of the Company. Since the commencement of the buy-back on March 25, 2008, Reliance Energy has sofar bought back 13,80,000 equity shares aggregating Rs. 174.56 crore. The board of directors of Reliance Energy Limited has approved buy-back ofequity shares of the Company up to an aggregate amount of Rs.800 crore. Reliance Energy Limited: Reliance Energy, a part of Reliance - Anil Dhirubhai Ambani Group, is India'sleading private sector utility Company. Reliance Anil Dhirubhai Ambani Group currently has a market capitalisation of over Rs.2,65,000 crore, net worth in excess of Rs.40,000 crore, cash flow ofRs.9,000 crore, net profit of Rs.5,000 crore and zero net debt. Reliance Energy is ranked amongst India's top 20 listed private companies interms of all major financial parameters, including assets, sales, net worth,profits and market capitalisation. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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