Price : [Reliance Infra - BSE:Rs. 1450.90 NSE:Rs. 1454.55 when posted]
Reliance Energy Limited and JM Financial Consultants Pvt. Ltd. has informed the Exchange that Reliance Energy Limited (the "Company") is buying back its own fully paid up equity shares of face value Rs.10/- each ("Shares") from the open market through the electronic trading facilities of the Stock Exchange Mumbai ("BSE") and The National Stock Exchange of India Ltd. ("NSE") (together the "Stock Exchanges"). The Company has appointed JM Financial Services Pvt Ltd and Reliance Securities Limited as its brokers ("Appointed Brokers") for placing orders on the Stock Exchanges. The details of the purchase orders that were executed on the Stock Exchanges on May 15, 2008, in connection to the above buyback are: 1) Date of Buyback: May 15, 2008; 2) (a) Name of the Broker: Reliance Securities Limited; (b) No. of equity shares bought back on BSE: Nil; (c) No. of equity shares bought back on NSE/Others: Nil; (d) Total no. of equity shares bought back: Nil; (e) Average Price of Acquisition (Rs.): N.A.; 3) (a) Name of the Broker: JM Financial Services Pvt. Ltd.; (b) No. of equity shares bought back on BSE: Nil; (c) No. of equity shares bought back on NSE/Others: Nil; (d) Total no. of equity shares bought back: Nil; (e) Average Price of Acquisition (Rs.): N.A.; 4) Cumulative Equity Shares bought as on May 14, 2008: 28,56,998; 5) Quantity Closed Out on May 15, 2008 - Nil; 6) Quantity Closed out as on May 14, 2008 - Nil; 7) Total Quantity Closed Out - Nil; 8) Total Equity Shares bought back as on May 15, 2008: 28,56,998.
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