Archive for the Tag ‘bonus issue’


Reliance Power Free Bonus Shares Issue Announced

Amit Bhawani @ 4:17 PM on February 17, 2008

Reliance Power Ltd plans to issue bonus shares to all equity holders other than the founders, hoping to cheer retail investors after the firm’s shares tumbled following a record $3 billion IPO. Its board is scheduled to meet on February 24 to consider issuing bonus shares and/or other measures which it said would effectively reduce [...]