Updated Oct 12, 2024 09:18 ISTPhoto : Shutterstock.comRIL bonus shares 2024 record date: RIL will issue one bonus or free share for every one share held. (Image: Shutterstock/ET NOW NewsArticle HighlightsThe issuing and listing of bonus shares will coincide with the impending festive season in India, providing an early Diwali gift to the company’s shareholders.The bonus issue demonstrates Reliance’s sustained commitment to rewarding shareholders over the Golden Decade, which spans 2017 to 2027. In 2017, Reliance awarded bonus shares in the ratio of 1:1. This was followed by a Rights Issue in 2020, which increased shareholder investment by 2.5 times.RIL Bonus Issue: The Board of Directors of Reliance Industries Limited (RIL) has approved the issue of bonus shares in the ratio of 1:1 i.e. every shareholder holding 1 (one) fully paid-up equity share of Rs. 10/-each on the record date will receive 1 (one) fully paid-up equity share of Rs. 10/- each. This will be the largest offering…
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