Saturday, April 11, 2009

Amalgamation of Reliance Petroleum Ltd with RIL approved by shareholders and creditors

Shareholders and creditors of Reliance Industries Limited (RIL) have approved the scheme of amalgamation of Reliance Petroleum Limited (RPL) with RIL.
As per the merger terms, RPL shareholders willl get one RIL share for every 16 shares held in RPL.

For more details on Amalgamation of Reliance Petroleum Ltd with RIL approved by shareholders and creditors click here

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