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April 26, 2008

Reliance Power Limited (RPOWER) - Bonus Issue at last

Those who were waiting and trying to figure out what happen to Anil Ambani's annoucement about bonus shares. So annoucement is out. Details are as follows.

Bonus share ratio: 3:5, 3 Bonus shares for every 5 shares hold by investors (Company will issue 3 bonus shares for every 5 shares hold by investors at the end of day June 02, 2008. )
Record date: June 02, 2008
Book remain close to process bonus share: From June 03, 2008 to June 05, 2008
Trading date for cum-bonus shares: May 29, 2008
Trading date for ex-bonus shares: May 30, 2008

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