RNRL

Reliance Natural Resources Limited has informed the Exchange that the Board of Directors of the Company has on July 04, 2010 approved amalgamation of RNRL with Reliance Power Limited (Reliance Power), a group company, through a Scheme of amalgamation. The scheme envisages an exchange ratio of 1 equity share of Reliance Power for every 4 (four) equity shares of RNRL. The exchange ratio is based on the valuation made by KPMG. The proposed Scheme will be subject to all necessary permissions and approvals as may be required. Further the Company has submitted a copy of press release dated July 04,

Reliance Natural Resources Limited has informed the Exchange that the BoDs of the Company at its meeting held on March 15, 2006 has decided to issue up to 41,00,00,000 equity shares/other securities convertible into / exchangeable with the equity shares of Rs.5 each of the Company, at a minimum price of Rs.25.65 per equity share to Reliance-Anil Dhirubhai Ambani Group/its affiliates / associates and/or other long term financial investors, on a preferential allotment basis, aggregating Rs.1051.65 crore, to strengthen the Company's capital base and financial position, subject to necessary approv