reliance petroleum shares help please

[drpbalaji1960]

i have got 50 rel pet shares bought in june 2009. i'm using icicidirect for trading. what should i do to get the money back as rel pet has closed its trading.

Please could someone advice please.

Thanks.

 

[greatindianwiseman]

You should have got 3 Reliance Industries shares against 50 RPL shares. In ICICI Direct go to Demat Allocation and click on 'Allocate' to view the 3 RIL shares and allocate them for trading.

Further you also would have received payment towards fractional shares for 2/16 th portion of RIL. This works out to Rs. 256.50 and would have been credited to your icici bank ac.

Hope this helps.

 

[imgkg]

me too have similar problem,i have 15 shares of RP,1 short of getting RIL share,as distribution ratio was 1:16.what should i do?

 

[bunny]

me too have similar problem,i have 15 shares of RP,1 short of getting RIL share,as distribution ratio was 1:16.what should i do?

There is nothing much you can do now apart from confirming that you have received payment towards the 15 shares in your account.

 

[imgkg]

There is nothing much you can do now apart from confirming that you have received payment towards the 15 shares in your account.

no i haven't received the payment for my 15 shares,but the ratio of merger was 1:16 not 1:15.

 

[bunny]

no i haven't received the payment for my 15 shares,but the ratio of merger was 1:16 not 1:15.

Thats what I am saying, since you didn't have enough RPL shares to be exchanged with RIL share, your shares would be exchanged with cash.

 

[imgkg]

Thats what I am saying, since you didn't have enough RPL shares to be exchanged with RIL share, your shares would be exchanged with cash.

it's not done,how should i do it? its not traded either.how do i do it manually then?,i have account in icicidirect.

 

[ramsrinivasan]

Hello friends,

Please this is very urgent and important..

Can anyone please tellme, I had bought Mahindra cement shares in 1990 when it was issued fresh in the form of IPO..

Now the name has changed to Mahindra engineering and chemical products Ltd, what should be done, please guide me...

Please reply to [email protected]


Ram Srinivasan

 

[bunny]

Hello friends,

Please this is very urgent and important..

Can anyone please tellme, I had bought Mahindra cement shares in 1990 when it was issued fresh in the form of IPO..

Now the name has changed to Mahindra engineering and chemical products Ltd, what should be done, please guide me...

Please reply to XXXXXXXXXXXXXXXXX


Ram Srinivasan

Stock of the year are and going to outperform the markets are...



Vijaay bank ,IFCI bank , UCO bank , ICICI bank , Deep industries , fcs software , hanung toys , indowind energy , acc cement..

Watch out for these...

 

[msagent]

I have 100+100 RPL shares dated 2-12-1993, recieved some other reliance shares and dividends. I want to update all. Can you Please give all details since then (2-12-1993)
Thanks in advance