Dear all friends
1 ) The conversion of RPL to RIL is merely based on no. of shares held. At what price you have bought RPL share is immeterial. For every 16 shares held 1 RIL share is given. If you have 100 RPL shares, you will get 16 RIL shares and for the balance 4 RPL shares amount will paid either directly to your bank account or by cheque. (may be at Rs.130.95 / share)
2) The Bonus shares at 1:1 will be given to all shares held as on the record date(including the converted shares) for this bonus issue. The date is yet to be announced.
So the formula is = Divide the total amount of money at which you had bought RPL by the number of RIL shares given to you.
Say, you have bought
1)16 number of RPL @ 200 bucks during 2008.
2)then you have bought another 16 shares of RPL @ 150 bucks during later 2008.
3)Finally you have bought another 16 shares @ 80 in early 2009.
So your total cost of acquisition of RPL will be as follows:
(16x200)+(16x150)+(16x80)= Rs.6880.
Avg price of holding RPL was = 6880/48 = Rs.143.33
Now you have been alloted 3 shares of RIL against the 48 shares of RPL owned by you. So the price per unit of RIL for your will be as follows:
Rs.6880/3 = Rs.2293.33
This might seem very high in todays market but if you consider the price per unit after Bonus takes effect the picture wont be so bad:
Rs.6880/6 = Rs.1146.67 which is almost unbelievable price for each share of RIL.
| NIFTY 
