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Jun 14, 2012, 03.16 PM IST
Anil Dhirubhai Ambani Group company Reliance Power fell nearly 3% on Thursday after PTI reported that the Madras High Court on Wednesday admitted a petition seeking a probe by the Serious Fraud Investigation Office and the CBI into the merger of RNRL with R Power.
Anil Dhirubhai Ambani Group company Reliance Power fell nearly 3% on Thursday after PTI reported that the Madras High Court on Wednesday admitted a petition seeking a probe by the Serious Fraud Investigation Office and the CBI into the merger of Reliance Natural Resources Ltd (RNRL) with Reliance Power (R-Power) alleging it caused a loss of Rs 2105.87 crore to shareholders.
At 14:34 hours IST, the share was trading at Rs 96.50, down 2.67% after hitting an intraday high of Rs 98.95 and low of Rs 96.30.
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