Reliance Industries Limited has issued an Early Gift to their Shareholders just a month before Deewali.
Board of Directors of the Company in their Meeting held on September 05, 2024 approved the Issue of Bonus Shares in the ratio of 1:1 for their shareholders subject to approval of members in the Annual General Meeting.
Every Shareholder holding One fully paid-up Equity Shares on the record date will receive One fully paid Equity Share of Rs. 10 each.
Bonus share will be issued by capitalization of Company’s Securities Premium and/ or General Reserves and / or Retained Earnings.
However, record date has not been fixed by the Board in their meeting.
Last Time Reliance Industries Limited had issued bonus shares in 2017 in ratio of 1:1, followed by a Right Issue in 2020.