edge/deal with the shares. Pursuant to this understanding, the trust sold equity shares to three nominee companies controlled by Deora," it added.
However, Deora was not able to fulfil his commitments. As a result, the shares were returned to the trust. "The three companies of Deora do not hold any shares. This should set at rest all attempts to distort the issue of allocation of shares to Deora or his companies," the statement said.
On the disinformation campaign that shares were alloted to certain companies and individuals at Re 1 per share while Reliance had to pay many times more, the company said: "This is totally false as no shares to Reliance have been issued at a premium till date."
