Kalyug Ka Rama

latest mega-event in the city turned out to be the 23rd AGM of
RIL and the board meeting to consider the bonus issue. While the
markets cheered the 1:1 bonus with the Reliance stock touching
new 52-week highs at the bourses on that day, the excitement for
shareholders at the Biria Matushii Hall in Mumbai was not any
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less. Several shareholders complimented the RIL chairman
Dhirubhai Ambani for a liberal bonus, several references were
made to the 14-year exile'which shareholders suffered as the
previous bonus announced by RIL was iin September 1983. Dhirubhai
Ambani was defined as thekalyug ka Rama'with the 14-year exile
now complete. It was just another day of triuoiph for the Ambani.
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First Published: Jun 30 1997 | 12:00 AM IST

