Rel Cap allots 38 lakh shares to AAA Enterprises

Anil Ambani-controlled Reliance Capital has allotted 38 lakh equity shares upon exercise of option by AAA Enterprises, according to a release issued by Reliance Capital today.

"The company has allotted 38 lakh equity with one equity share per warrant for balance payment of Rs 205.20 per warrant. The shares will be under lock-in up to August 1, 2006," the release added.