Reliance Power has today declared a Bonus issue in the ratio of 3:5 , which means 3 bonus shares for every 5 held. This bonus issue is only for Non-Promoters. Anil Ambani's personal stake will come down from 45% to 40%. This would bring down the cost price of retail investors in the Rel Power IPO to 269 and for others to 281. But Ex-Bonus, the price is expected to go down to adjust accordingly.