Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Conversion of Securities

30th Jan 2007 11:54

Reliance Energy Ld30 January 2007 30th January, 2007 The London Stock ExchangeCompany Announcement OfficeLondon EC2N 1HPUnited Kingdom Dear Sirs, Sub : Allotment of 1,54,00,000 Equity Shares of Rs.10 each on conversion ofWarrants This is to inform you the Committee of Directors of the Company at its meetingheld today, the 30th January, 2007, has allotted 1,54,00,000 equity shares ofRs. 10 each for cash at a price of Rs.573 (including a premium of Rs. 563) perShare to AAA Project Ventures Private Limited, being the Promoter Group, againstthe outstanding warrants issued on 2nd August, 2005. These Shares will besubject to lock in up to 1st August, 2008 Consequent upon the said allotment, the paid-up Capital of the Company standsincreased to 22,85,30,308 fully paid up equity shares of Rs.10 each. Kindly take this disclosure on your record. Yours faithfully For Reliance Energy Limited Ramesh ShenoyCompany Secretary This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Reliance Inf S
FTSE 100 Latest
Value8,600.22
Change-79.66