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| Discuss Regarding RIL at the Fundamental Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, Today the Reliance got split formally. But, I could not understand this part: Anil ... |
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#1
4th August 2005, 02:28 PM
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Regarding RIL
Hi,
Today the Reliance got split formally. But, I could not understand this part: Anil said a shareholder of RIL who holds, say, 100 shares will get 5 free shares of Reliance Capital Ltd, 7 free shares in Reliance Energy, and 100 free shares in both unlisted Global Fuel Management Services Ltd (GFMS) and Reliance Communications Venture Ltd. RIL has a shareholder base of 23 lakh. I got this info at: http://www.indianexpress.com/full_st...ntent_id=75636 Can somebody tell me what this means? I have shares of RIL. So, will I also get the shares of Reliance Capital, Reliance Energy, Reliance Communications Venture Ltd and GFMS? Please do clarify? Regards, Narendra 
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#3
8th August 2005, 05:19 PM
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Re: Regarding RIL
Right now lot of confusion regarding this!
Initially, it was told, only with 100 shares of RIL, you can get FREE shares of the 4 other companies. Today, I read that, all shareholders of RIL will get FREE shares! So, I think the things are not yet clear. I think experienced people like Traderji can give a clear view on this. I request TRADERJI to please clarify and show us light regarding this RIL shares. Thanks, Narendra
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