RIL-RE will continue trading on the exchange till May 29 and the eligibility for partly paid-up rights shares will be determined on the basis of June 2 closing.
Reliance Industries-Rights Entitlement share price dropped 7.9% to close at 215.15 on May 22 after rising 53.8% in the previous two consecutive sessions.
The RE hit an intraday high of Rs 230 and a low of Rs 211.50 after opening at Rs 227.85 on the NSE.
Trading volumes were more than 58 lakh rights Entitlement shares.
RIL-RE will continue to trade till May 29 and the eligibility for partly paid-up rights shares will be determined on the basis of June 2 closing. The eligible investor has to make a first installment payment of Rs 314.25 per rights share by June 3.
These partly paid-up rights share will be allotted and credited by June 11 and listed on exchanges the next day.
The second installment of Rs 314.25 per rights share will be paid by the investor in May 2021 and the last installment of Rs 628.5 in the November of the same year.
RIL-RE shares closed at Rs 1431.55, down 0.70%, after hitting an intraday high of Rs 1458 and low of Rs 1426.50
Today, global private equity firm KKR has invested Rs 11,367 crore in Reliance Industries digital unit for a 2.32% stake.
Over the last month, leading technology investor, such as Facebook, Sliver Lake, Vista, General Atlantic, and KKR have an aggregate investment of Rs 78,562 crore into the JIO platform.
The RE hit an intraday high of Rs 230 and a low of Rs 211.50 after opening at Rs 227.85 on the NSE.
Trading volumes were more than 58 lakh rights Entitlement shares.
RIL-RE will continue to trade till May 29 and the eligibility for partly paid-up rights shares will be determined on the basis of June 2 closing. The eligible investor has to make a first installment payment of Rs 314.25 per rights share by June 3.
These partly paid-up rights share will be allotted and credited by June 11 and listed on exchanges the next day.
The second installment of Rs 314.25 per rights share will be paid by the investor in May 2021 and the last installment of Rs 628.5 in the November of the same year.
RIL-RE shares closed at Rs 1431.55, down 0.70%, after hitting an intraday high of Rs 1458 and low of Rs 1426.50
Today, global private equity firm KKR has invested Rs 11,367 crore in Reliance Industries digital unit for a 2.32% stake.
Over the last month, leading technology investor, such as Facebook, Sliver Lake, Vista, General Atlantic, and KKR have an aggregate investment of Rs 78,562 crore into the JIO platform.
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