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RIL 1:1 bonus issue: Board set to approve today
Reliance Industries' board will consider issuing bonus shares in a 1:1 ratio, as announced by Chairman Mukesh Ambani during the company's 47th AGM. The move aims to reward shareholders and enhance liquidity. RIL has a history of bonus issues and reported a record annual profit of Rs 79,020 crore in FY24.