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24 Feb 2008

Reliance Power Bonus Issue Update

1. All the hopes were dashed with the listing of Reliance Power and to keep the investor faith intact in reliance group Anil Ambani has proposed bonus issue and the ratio will be announced at the ADAG board meet to be conducted on 24 Feb, 2008.


2. Market is always optimistic and is anticipating a liberal bonus issue (1:3). Let us see whether the expectations are fulfilled or not as the world is surviving on Hope factor only.

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