Reliance Power Gives Bonus Shares To Shareholders

Reliance Power has received shareholders approval for issue of bonus shares to its shareholders, barring Anil D Ambani and other promoters. Shareholders through postal ballot have approved the proposals entailing that no allotment of bonus shares will be made to Anil Ambani and other promoters who waived their entitlement to such shares. Further the shareholders have accorded their approval for issue of bonus shares in 3:5 ratio.