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Moneycontrol.com >> Messageboard >> Stocks >> Reliance Petro >> Allocation of Reliance Petro bonus shares
   You are here :     Moneycontrol     MMB    Stocks      Reliance Petro                         Most active discussions of 2006 , 2007 & 2008
Allocation of Reliance Petro bonus shares (2)   21-Oct-09 21:25Track this thread   Tracked by (2)  
Posted by:   LMJOSHI on ( 21-Oct-09 21:25 )
Price : BSE: Rs 130.85 ( 0.00 % ), NSE: Rs. 130.95 ( 0.00 % )
I was holding 300 shares of Reliance Petroleum ( RELPET) in my ICICI demat account. After merger to Reliance industries, they have been converted to Reliance Industries shares ( RELIND ) and I got 18 shares. Following are the queries.
1. RELIND shares were allocated with a ratio 1:16 … so what happened to remaining 12 shares of RELPET..
2. Why I am not able to see Reliance bonus shares… I mean when 18 shares of RELIND are allocated to me, than 18 more should have been allocated as Reliance gave bonus share in 1:1 ratio.
3. Can I still sell my 300 RELPET shares?
Regards
Lalit
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