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Tuesday, Nov 20, 2007
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Reliance Energy converts FCCBs into shares

Our Bureau

Chennai, Nov. 19 Reliance Energy Ltd has informed the BSE that the committee of directors of the company at a meeting on November 19 allotted 10,71,553 equity shares of Rs 10 each for cash at Rs 1,006.92 per share to various FIIs against conversion of 23,850 zero coupon FCCBs.

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