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RNRL to merge with Reliance Power
in General Discussions
Shareholders of Reliance Power and Reliance Natural Resources (RNRL), the two Anil Ambani led companies, finally have nodded to the proposal of merger between the two entities.
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    Follow the link for more information!! :)

    http://www.deccanchronicle.com/business/rnrl-reliance-power-merger-gets-shareholders-nod-344

    Thanks for the sharing information!! :)
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    Thanks for the link Sunny. I somehow missed to send the link. :)
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    i think this merger will be very successful. Lets wait and watch.
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    that's a good news.............thanks for sharing information and the link..........

    :woohoo: :woohoo: :woohoo: :woohoo: :woohoo:
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    Yes, this project is going to generate a good revenue to them. :)
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    The shareholders of RNRL have suffered long enough and I just hope the swap ratio would bring some cheers to them.
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    I think it is good steps and Chinmoy I am also Reliance shareholder ..hope this turns good..
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    The family feud of the Reliance group has taken a heavy toll on the shares of various companies of this group.Now let us hope for better days.
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    In my view RNRL is a stock which will give more money than you can think off.
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    But how? It's going out of existence once merger proposal goes ahead!!
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