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This is an archive article published on February 25, 2006

REVL listed at Rs 45.70

Anil Ambani-controlled Reliance Energy Ventures Ltd was listed at Rs 45.70 on the Bombay Stock Exchange on Friday.REVL is the second of the ...

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Anil Ambani-controlled Reliance Energy Ventures Ltd was listed at Rs 45.70 on the Bombay Stock Exchange on Friday.

REVL is the second of the four newly carved out companies from Mukesh Ambani8217;s RIL and transferred to Anil, to be listed on the BSE.

About 122.31 crore shares have been listed at BSE. The Reliance-ADAG would now list the shares of two other entities 8212; Reliance Natural Resources Ltd and Reliance Communication Ventures.

Anil Ambani had taken over as chairman of the four companies in the first meeting of the respective boards of new entities on February 8.

REVL would later be merged with Reliance Energy Ltd. The board of directors of the two companies have already approved the merger. 8212; PTI

 

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