Hi Friends,
Have you read todays DNA Money,Mumbai editionn (29th Nov'2007)
Reliance Industries is cheating on small retail investors like us.
On Friday, Reliance Industries (RIL) undertook the biggest stock market operation by an Indian company when it offloaded a 4.01% stake in its 75% subsidiary Reliance Petroleum (RPL) for Rs 4,203 crore.
For one, it's still not clear whether RPL shares were sold to small investors or private equity firms
I think that SEBI should get to the root of the matter & announce punitive action at the earliest
Rajesh Brijwasi
Have you read todays DNA Money,Mumbai editionn (29th Nov'2007)
Reliance Industries is cheating on small retail investors like us.
On Friday, Reliance Industries (RIL) undertook the biggest stock market operation by an Indian company when it offloaded a 4.01% stake in its 75% subsidiary Reliance Petroleum (RPL) for Rs 4,203 crore.
For one, it's still not clear whether RPL shares were sold to small investors or private equity firms
I think that SEBI should get to the root of the matter & announce punitive action at the earliest
Rajesh Brijwasi