Reliance Industries has set October 28, 2024, as the record date for its 1:1 bonus issue. Mukesh Ambani-led Reliance Industries Limited (RIL) shareholders will get one free share against every existing share ahead of Diwali. The bonus issue is a significant factor for investors as it offers them free shares in proportion to their current holdings. However, multiple reports suggest that the bonus issues result in no change in investment value as share prices adjust accordingly. Elon Musk Responds to Mukesh Ambani’s Reliance Jio on Administrative Spectrum Allocation, Says TRAI Auctioning It Will Be ‘Unprecedented’.

Reliance Industries Announced October 28, 2024 As Record Date for the Purpose of 1:1 Bonus Issue

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