The Board of Reliance Industries Ltd. (RIL) on Thursday accredited the problem of bonus shares within the ratio of 1:1 i.e. each shareholder holding 1 (one) absolutely paid-up fairness share of ₹10 every on the file date will obtain one absolutely paid-up fairness share of ₹10.
The file date might be individually intimated, the corporate stated in a submitting.
“This would be the largest ever issuance of bonus fairness shares in Indian fairness market.
The issuance and itemizing of bonus shares will coincide with the upcoming festive season in
India and might be an early Diwali Reward to all our esteemed shareholders “ it stated.
That is the sixth bonus subject from RIL since its IPO and the second in since 2017.
“The bonus subject is an affidavit to Reliance’s continued dedication in the direction of rewarding
shareholders throughout the Golden Decade from 2017 to 2027,” the corporate added.
Revealed – September 05, 2024 08:12 pm IST
