Monday, January 21, 2008

Reliance Energy - Allotment Of Warrants

Reliance Energy Ltd has informed that the Committee of Directors (Allotment) on January 20, 2008, has allotted 4,30,00,000 warrants convertible into equivalent number of equity shares of the Company of Rs 10 each at a price of Rs 1,822.08 (including a premium of Rs 1,812.08) per warrant to AAA Project Ventures Pvt Ltd.These Warrants shall be convertible into equivalent number of equity shares of the Company at any time up to July 19, 2009 and will be subject to look in up to January 19, 2011.

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