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Equity pattern fair to all partners: Reliance Infocomm

NEW DELHI, JAN. 30. In a bid to clear the shares' controversy, Reliance Infocomm has come out with details of its equity pattern as well as that of Reliance Communications Infrastructure Ltd "to make it abundantly clear that all transactions pertaining to the equity investments have been conducted in a manner that is fair to all the equity partners."

In a statement, it said: "Over the past few weeks, vested interests are continuing an unabated tirade of disinformation and distortion about allotment of shares in Reliance Infocomm initiatives. In an attempt to intensify the campaign, for the last few days, misleading information is being spread through the electronic and print media about these issues.

This systematic and deliberate propaganda is targeted at Reliance Infocomm and its chairman." — UNI

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