Tuesday, February 5, 2008

Reliance Energy - Allotment Of Equity Shares On Conversion Of ZCFCCBs

Reliance Energy Ltd has informed that the Committee of Directors of the Company at its meeting held on February 04, 2008, has allotted 26,957 equity shares of Rs 10 each for cash at a price of Rs 1,006.92 (including a premium of Rs 996.92) per Share to Foreign Institutional Investor against the conversion of 600 Zero Coupon Foreign Currency Convertible Bonds.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 23,65,30,262 fully paid-up equity shares of Rs 10 each.

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