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The boards of both the companies approved the merger, wherein RNRL shareholders for their every four shares would get one share of Reliance Power.
RNRL to merge with R-Power in over Rs 50k cr deal
Jul 04 2010 , New Delhi
Anil Ambani group today decided to merge Reliance Natural Resources with another group entity
Reliance Power in an all-share deal estimated to be worth over Rs 50,000 crore.
The boards of both the companies approved the merger, wherein RNRL shareholders for their every four shares would get one share of Reliance Power.
The boards of both the companies approved the merger, wherein RNRL shareholders for their every four shares would get one share of Reliance Power.
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