Hi Guys,

I have been busy doing some cleaning up and I chanced upon physical certificates of

1. 380 shares of Reliance Petrochemicals (RPC)
2. 100 OCDs of Reliance Polyethelene (Illu)
3. 100 OCDs of Reliance Polypropelene (Pillu)

My understanding is that on 1st March 1992 based on a swap ratio of 1:10 RPC should have resulted in 38 shares of RIL.

In 1995 Illu and Pillu were merged with RIL with a swap ratio of 1:4 and 3:10 which should have resulted in 25 and 30 shares of RIL respectively.

Thus in 1996, I should have 93 shares equivalent of RIL. Which post the bonus in 1997 should have been 186 equivalent shares of RIL.

In 2006, when the Company was split I should have had 186 shares of Reliance Energy Ventures, 186 shares of Reliance Capital Ventures , 186 shares of Reliance Communications Ventures, 186 shares of Global Fuel Management.

1. 186 shares of REV would be amalgamated into Reliance Energy in ratio of 7.5:100; i.e. 13.96 shares (Q: What happens to the balance 0.96 shares); now called R-Infra and is traded on the market

2. 186 shares of Rel Cap Ven would be amalgamated into Reliance Capital in ratio of 5:100; i.e. 9.36 shares (Q: What happens to the balance 0.36 shares) and is traded on the market

3. 186 shares of Rel Com; which is traded on the market

4. 186 shares of RNRL should be available for sale; which is traded on the market

Plus in 2009, there was a 1:1 bonus of RIL resulting in 372 shares of RIL; which is traded on the market

So I have
1. 386 shares of RIL and dividend for last 7 years
2. 186 shares of RNRL plus dividend for last 5 years
3. 186 shares of RCom plus dividend for last 5 years
4. 13 shares of RCap plus dividend for last 5 years
5. 9 shares of Rinfra plus dividend for last 5 years
6. some cash owing to incomplete conversion to be claimed from RIL

The question being
1. Have there been any splits / bonuses / merger ratios that are incorrect or I am not aware of. (I note each split doubles the value that i am thinking of )
2. Some advice how do I go about this process or is there anyone I can pay to help me out. My broker said I will have to individually follow up with RIL/ Karvy.

3. The Reliance Petrochemicals shares are in my Maasi's name. Does it matter?

4. Do the debenchure certificates entitle me to shares of the underlying company (illu and pillu and subsequently RIL)

Treats assured to helpful advice.

Edited by iaditya - 06/Jan/2011 at 7:28pm