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Anil Ambani-promoted Reliance Power on Sunday (Feb 24) said it will give three bonus shares for every five shares held by its shareholders.
Anyone know when the Bonus shares will be issued? I have no clue...
But, there is a rumor going around that the Bonus shares will be given only to those who have got the shares through the IPO issue. That will be really bad, they are playing with the shareholders.
There is a specific date for Bonus issue, known as 'Record Date'. Anyone having shares on that day will be issued bonus shares.
See also...
Reliance Power Bonus at 3:5
RPOWER D-Day
Reliance Power Limited Basis Of Allotment
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