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This is an archive article published on February 21, 2008

RPower sets Feb 26 deadline for balance payments

Anil Ambani Group company Reliance Power on Wednesday asked its shareholders...

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Anil Ambani Group company Reliance Power on Wednesday asked its shareholders to make the balance payment by February 26 on shares alloted to them in the IPO to become eligible for the proposed bonus shares. “The balance amount was due on allotment and a notice for the same has been sent to shareholders to make the balance payment on or before February 26,” Reliance Power said.By issuing the notice, the company has complied with Sebi guidelines, and all shares have been made fully paid up, Reliance Power added.

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