Can anyone say at what price RPL was converted to RIL ? Since it is not said in ICICI direct portfolio, I suppose I need to explicitly add it and hence i need the price
You can calculate the price of reliance share by multiplying the buy price of Rel Pet Share by 16, since for 16 shares of Rel Pet, I share of Rel Ind has been alloted.
even I wanted to know what is the price per unit of RIL that was used to convert shares of RPL. Atleast if anyone can tell me which day`s price of RIL was used?
here price is not considered and for every 16 shares of rpl 1 ril share is given and it depends on your purchase price and that will be your conversion price as everyday price varies.
Yes I know the ratio but I want to know the price/unit at which the RIL shares have hit my Demat and the day on which they have hit my Demat. I`m not sure if you are able to understand what I`m trying to say.
Has anybody received the differential amount for shares of RPL not converted to RIL shares i.e. if you held 100 shares, only 96 shares got converted to 6 shares of RIL. What about the balance 4 shares. At what price RIL is comensating for these odd shares.
What about the bonus shares? I am not sure if the RPL share holder are also eligible to get bonus share from RIL in 1:1 ratio. Can someone throw some light on this ?
Thanks-Anju
Now I have received an allotment memo showing fractional shares being held by RIL which will sold in open market and proportionate amount shall be reimbursed to the beneficiaries.