Reliance allots shares to IPCL shareholders

Reliance Industries Ltd has informed that pursuant to the Scheme of Amalgamation of Indian Petrochemicals Corporation Ltd (IPCL) with Reliance Industries Ltd (the Company / RIL), the Company on October 13, 2007 has issued and allotted 6,01,40,560 fully paid up equity shares of Rs 10/- each to the shareholders of the erstwhile IPCL as on the record date, i.e., October 12, 2007, in the ratio of 1 (one) equity share of RIL for every 5 (five) equity shares of IPCL.