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Both the companies in two separate filings said that the shareholders of RPL would receive one equity share of RIL for every 16 shares held.
The merger would create one of the world's top 50 companies on profitable basis and would make RIL one of the largest refiners of the world.
The appointed date of the merger is April 1, 2008, and the "scheme shall be subject to approvals of shareholders and creditors and sanctions" of the Bombay High Court.


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That is the best way to manipulate even in these difficult times ...
This is repeat of previous RIL and RPL merger where the then RPL was merged in to RIL. Now again another RPL ( RPL-2) being merged with RIL. We need learn from Ambanis.
A fair move after I heard the take of the E









