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Article: INDIA'S RELIANCE ENERGY EXTENDS SHARE BUYBACK TO MARCH 17.
- Article from:
- AsiaPulse News
- Article date:
- December 28, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUMBAI, Dec 28 Asia Pulse - Reliance Energy Ltd (REL) (BSE:RLEN), headed by Anil Ambani, said Monday it was extending the ongoing share buyback programme till March 17.
REL, had earlier informed the Bombay Stock Exchange about the 90 day extension on December 20 the day its parent company Reliance Industries (BSE:RELI), headed by warring elder brother Mukesh, had announced its Board meeting for December 27 to consider a proposal buyback.
REL had announced a price of Rs ...