The board of directors of Reliance Capital will meet on January 2, 2006 to consider a proposal for the amalgamation of Reliance Capital Ventures (RCVL) with the company.The board of directors of Reliance Energy will meet on January 3, 2006 to consider a proposal for the amalgamation of Reliance Energy Ventures (RCVL) with the company.The announcements were made in releases issued to the BSE by Reliance Capital and Reliance Energy today.
