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Now fight is over Kokilaben's shares

February 07, 2006 18:06 IST
Source:PTI

In the continued battle between the Ambani brothers over transfer of shares of four new companies carved out of the Reliance Industries, Anil Ambani's group questioned the delay in transfer of 12 per cent shares to mother Kokilaben by Mukesh camp. Anil, however, admitted that they had by and large received their quota.

On the other hand, Mukesh's camp criticised Anil for delaying transfer of his shares in Mukesh's companies as stipulated in the June 2005 settlement.

Sandeep Tandon, a key aide of Mukesh, told PTI: "We have transferred the entire quota of shares for which Anil's group was eligible and now it is for them to divide between Anil and his mother."

Source: PTI
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