Mukesh Ambani's Reliance Industries Limited (RIL) has set Monday, October 28, 2024 as the record date for determining which shareholders are qualified for its 1:1 bonus share issue. The decision was approved by the company's shareholders.Furthermore, RIL has secured shareholder approval to expand its authorised share capital, according to a recent filing with stock exchanges.As per the company's filing on the exchange, "we wish to inform that the Company has fixed Monday, October 28, 2024 as the Record Date for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company."
On September 5, Reliance Industries' Board of Directors approved the issuing of bonus shares at a 1:1 ratio. The shareholders who held a fully paid-up equity share of Rs 10 on the record date will receive an additional Rs 10 share.The issuance is the largest ever bonus equity share distribution in the Indian equities market, demonstrating the company's commitment to rewarding its shareholders.On Wednesday, the shares of Reliance Industries closed at Rs 2,709.40. The 52 week high and low of the share is Rs 3,217.60 and Rs 2,220.30 respectively. (Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)You may also like
Future Food Foundry invests more than $5 million in Greeneration
Kin alleges 'baby swap' at hospital
Strictly's Dianne Buswell uses unique way to banish negative energy during training
US 'Satisfied' After Meeting Indian Officials Over Alleged Assassination Plot Of Sikh Separatist Pannun
'Turns out Trump was right': FBI 'quietly' updates crime data, reveals increase
Mumbai: Fake Cop Tries To Extort ₹50,000 From Collegian Over E-Cigarette In Andheri's MIDC; Watch VIDEO
Mumbai Police Launch Manhunt: Look Out Circular Issued For Shubham Lonkar As Investigation Reveals Sinister Conspiracy Behind Baba Siddique's Assassination And Zeeshan Akhtar Involvement
BJP demands Sidda's resignation
eZhire achieves 102% annual growth
'Was pressured to frame CM in Valmiki scam'
Brazen 'dine and dash' quartet flee restaurant after racking up £174 food and drink bill
Jake Paul set to switch sports immediately after Mike Tyson boxing fight
In West Bengal hospital, 9 twin pairs born in 24 hrs
Emmerdale's Ruby makes life-changing decision as death secret revealed
Hollywood star Adam Brody poses with star-struck mum at soft-play in Glasgow
NSUI neta held for murder of Chhattisgarh cop's wife, daughter
Mrs Brown's Boys black worker quit over Brendan O'Carroll's racist 'joke' - star on final warning
DMK neta's son found dead, family blames sand mafia
Carlos Alcaraz puts Rafael Nadal on alert after setting up last clash before icon retires
Did Meghan Markle lie about daughter Lilibet's name? Prince Harry too...