Leaner, Meaner

Although there was excitement among most investors, some of them were slightly concerned. "We've got shares that are not going to be traded for sometime and that have never been traded before," says an RIL investor commenting on the fact that the shareholders have been proportionately allotted shares in Anil-owned firms where RIL was earlier a substantial shareholder. Based on the valuation, the weightage of the scrip on the 30-stock Sensex was down to 9.46 from 12.20 per cent. Anil welcomed the shareholders in a written statement which said that the demerger had added Rs 55,000 crore to investors' wealth since June '05. He added that a demerged RIL was 15 per cent higher in terms of market capitalisation.