New iteration of Reliance Industries (RIL) partly-paid shares commenced trading on Thursday. They ended at Rs 1,555 almost at par with fully-paid shares, which ended at Rs 2,183, after adding the final call payment of Rs 628.5 per share.
Trading in the earlier version of RIL PP shares was suspended on May 11. Holders of this security had to pay Rs 314.25 apiece to RIL as the first call payment between May 17 and May 31.
On Wednesday, RIL had said it has received Rs 13,151 crore, representing around 99 per cent of the amount due on first call.
RIL had issued 422.6 million partly paid shares as part of its Rs 53,124-crore rights issue programme in June 2020.
