 "Reliance says board to consider 1:1 bonus issue on Sept 5")
The Reliance Industries Limited (RIL) has said that the board will consider 1:1 bonus issue on September 5.
#BreakingNews | Reliance Industry to consider 1:1 bonus issue on September 5 pic.twitter.com/5s6k6SVru5
— CNBC-TV18 (@CNBCTV18Live) August 29, 2024
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The announcement comes as the RIL seeks to reward shareholders amid strong financial performance and business expansion.
The announcement also comes ahead of the RIL’s 47th annual general meeting (AGM) on Thursday (August 29).
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The move is set to improve the liquidity of RIL’s shares in the stock market, making them accessible to a wider base of investors, according to Moneycontrol.
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