Shareholders of Reliance Power and Reliance Natural Resources (RNRL), the two Anil Ambani led companies, finally have nodded to the proposal of merger between the two entities.
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Follow the link for more information!! :)

http://www.deccanchronicle.com/business/rnrl-reliance-power-merger-gets-shareholders-nod-344

Thanks for the sharing information!! :)
Thanks for the link Sunny. I somehow missed to send the link. :)
i think this merger will be very successful. Lets wait and watch.
that's a good news.............thanks for sharing information and the link..........

:woohoo: :woohoo: :woohoo: :woohoo: :woohoo:
Yes, this project is going to generate a good revenue to them. :)
The shareholders of RNRL have suffered long enough and I just hope the swap ratio would bring some cheers to them.
I think it is good steps and Chinmoy I am also Reliance shareholder ..hope this turns good..
The family feud of the Reliance group has taken a heavy toll on the shares of various companies of this group.Now let us hope for better days.
In my view RNRL is a stock which will give more money than you can think off.
But how? It's going out of existence once merger proposal goes ahead!!
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