Reliance Bonus: RIL To Consider 1:1 Bonus Issue for Equity Shareholders in Board Meeting on September 5, Details Here
Reliance Industries will hold a board meeting on September 5, 2024, to consider issuing bonus shares in a 1:1 ratio, continuing Mukesh Ambani's philosophy of rewarding shareholders after completing capex cycles.
On August 29, 2024, Varun Dubey, Principal News Analyst at ET Now, shared that Reliance Industries is set to hold a board meeting on September 5, 2024 to consider the Reliance bonus issue. The agenda is to consider and recommend issuing bonus shares in a 1:1 ratio. Sajeet Kesav Manghat, Executive Editor of NDTV Profit India, also noted that Mukesh Ambani continues his philosophy of rewarding shareholders every time the capex cycle is completed. According to RIL in a stock exchange filing on August 29, “A meeting of the Board of Directors of the Company is scheduled to be held on Thursday, September 5, 2024, to consider and recommend to the shareholders for their approval, issue of bonus shares in the ratio of 1:1 to the Equity Shareholders of the Company by capitalisation of reserves." CCI Approves INR 70,000 Crore Mega-Deal Involving Merger of Media Assets of Reliance Industries Limited and Walt Disney.
Reliance Industries Board Meeting on September 5, 2024
RIL Board to Approve 1:1 Bonus on September 5, 2024
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