Subscribe To Our Free Newsletter |
Reliance Industries bonus share issue approved in 1:1 ratio
RIL Bonus Shares: Mukesh Ambani-led RIL has announced a significant corporate move: the board has approved the issuance of bonus shares at a 1:1 ratio, as disclosed during the company's AGM. The record date for this bonus issue will be provided at a later date. The bonus shares will be distributed from the securities premium account, general reserve, or retained earnings as of March 31, 2024.