From then Reliance merged lots of companies either by takeover or merger of its own subsidiaries. We take you that journey of mergers and share swap ratios.
In 1979 Sidhpur Mills Co. Ltd which has an installed capacity of 38,368 spindles and 490 looms was amalgamated with the company. In terms of the scheme of amalgamation, the company was to issue and allot for every one equity share of Rs. 100 each of Sidhpur, 2 equity shares of Rs.10 each, and one bond of Rs.80 of the company. The Company allotted a total of 1,12,000 No. of equity shares of Rs
In this current right issue of Reliance, a lot of people couldn't apply the right issue because of a few issues. The first timing was not right in this epidemic of Carona people were not informed or couldn't be informed by physical communication, payment procedures were very difficult for old and not very tech-savvy investors. The company officials and registrar and transfer agents (RTA's) were not available to assist them. As per our estimate lay investors lost around 500 crores. There are lots of investors who didn't get the right forms because they have not aware that they are shareholders of Reliance because of these mergers and the company has their old address in its records. We at Supergrowth track that and not only find your lost wealth but handles the entire lengthy process of getting back too, so you not only get your money in the bank and save your feet from wear & tear and most important time. If you think that you are a victim of this issue then fill this form or contact us any modes of communication given below.
Wealth Discovery & Reclaiming Services Firm
133 'A' Mittal Court,
Tel. +91 22 3594 2808
Cell No. +91 98211 59921