Reliance Power to issue bonus share at 3:5

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Mumbai, Feb 24 (UNI) Battered by a price hammering at the bourses, Reliance Power today announced a bonus issue of 3:5 to its investors.

Briefing newspersons after the Reliance Power board meeting here today, Reliance Power Chairman Anil Ambani said that the bonus issue would not apply to promoters Reliance Anil Dhirubhai Ambani Group and Reliance Energy who together hold 90 per cent.

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