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IPO forum modulator
Registered User
Member Since: 12/30/2005
Message Posted: 24 |
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Posted on 2/24/2008 9:14:42 AM |
Reliance Power Ltd declared 3 bonus shares for every 5 shares held
Hello friends,
Reliance Power Ltd declared 3 bonus shares for every 5 shares held.
The bonus issue will bring the cost of per Reliance Power ltd share for retail investors to Rs 269 (earlier Rs 430) and for others to Rs 281 (earlier Rs 450).
The expected ex-bonus share price would be around Rs 300, if the market situation remains same as current market.
``I have been personally concerned by the notional losses arising to millions of our investors as a result of a dramatic adverse change in sentiment in global and domestic capital market after the pricing of our IPO,'' Ambani said. ``The board endorsed my concern and approved the bonus issue.''
Company needs approval from its shareholders before sending the bonus issue detail to stock exchanges to fix record date.
Once record date has been declared, all the investors holding shares on that date, would be entitled to receive bonus shares.
Kris
Chittorgarh.com
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Debasish Bose
Anonymous User
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Posted on 2/24/2008 9:24:48 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
Thank You Mr.Ambani for being so concerned about the share holders |
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he
Anonymous User
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Posted on 2/24/2008 10:00:08 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
are yaar sab moh maya hai .. market girega to ye 200 pe ayega ..excited mat ho ,...bech dalo ... aur chhup baitho |
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P.n.gupta sangrur
Registered User
Member Since:
Messages Posted: 6 |
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Posted on 2/24/2008 10:00:16 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
We are thankful to Mr Ambani for uch a bonus. What about Fraction of bonus share due? |
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Small Investor
Anonymous User
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Posted on 2/24/2008 10:03:26 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
This is not going to help... NTPC which is doing better in market is around Rs 198 so who is going to buy this share for Rs 269 also becauase company has to start its plants and production after two years.... whereas NTPC is doing better with the current setup and making good progress.. It should have been declared as 1:1 so that price of share should be around 210 - 215 similar to NTPC price... |
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sunil
Anonymous User
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Posted on 2/24/2008 10:06:16 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
i want to know bonus will be given to shares held currently or the shares held against application |
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Joy Kumar
Anonymous User
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Posted on 2/24/2008 10:13:30 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
Bonus shares are always given by the company by declaring a record date and on that record date whosoever will hold the shares in companys records are eligible for bonus shares... So if you have sold the shares then forget about bonus shares... if you buy shares from current market also and hold the shares till record date you will be eligible to recieve the bonus shares..... |
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amit
Anonymous User
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Posted on 2/24/2008 10:42:42 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
i have 17 shares how many i wouls get and what about fraction would it be paid in cash ? |
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marketman
Anonymous User
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Posted on 2/24/2008 10:44:23 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
Reliance Power will reach arond 475 tomorrow |
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Dharmendra
Anonymous User
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Posted on 2/24/2008 11:08:18 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
We Should say thanks to Mr Anil Ambani. |
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v great news anil bhai
Anonymous User
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Posted on 2/24/2008 11:21:54 AM |
Re: Reliance Power Ltd declared 3 bonus shares for every 5 shares held
he is inestor friendly so he looks oveer our profits so dont worry he is master in indian markets |
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