Reliance to Issue 1:1 Bonus Shares on Sep 5

Aug 29, 2024 13:58

Reliance Industries Ltd to consider issuing 1:1 bonus shares on September 5, 2024. The board meeting is scheduled for September 5th.

New Delhi, Aug 29 (PTI) The board of Reliance Industries Ltd will consider issuing 1:1 bonus shares on September 5, the company said in a regulatory filing on Thursday.

Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.

"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 capitalization of reserves," the firm said in the stock exchange filing.

Prior to the 1:1 bonus issue in 2017, Reliance had in 2009 issued 1:1 bonus share.

Source: PTI

MORE NEWS

FTCCI Excellence Awards 2025: Entries Open in...

The Federation of Telangana Chambers of Commerce and Industry (FTCCI) has announced its...

India Poised to Become Global Toy Export Hub...

US-China tariff war creates opportunity for India to emerge as a leading toy exporter....

Vedanta's Rs 50,000 cr Assam Investment: Plan...

Assam CM Himanta Biswa Sarma met with Vedanta Group to discuss a detailed plan for...

Essar Energy Transition Appoints New CIO for...

Essar Energy Transition's EET Fuels has appointed Prashant Janaswamy as its Chief...

IHCL Expands Portfolio to 380 Hotels in FY25

Indian Hotels Company (IHCL) has expanded its footprint to 380 hotels, adding 100 new...

Delhi Airport: IndiGo, Akasa Shift Flights to...

IndiGo and Akasa Air will shift their domestic flights to Delhi airport's Terminal 1...

Capitalmind Mutual Fund Gets Sebi Approval

Capitalmind Financial Services receives final approval from SEBI to launch its mutual...

Transrail Lighting Wins Rs 1,085 Cr T''D Orders

Transrail Lighting has secured new orders worth Rs 1,085 crore in the domestic T''D...

Moom Health Raises $3.5 Million for Women's...

Moom Health, a women's health supplement brand focused on Asian women, secures $3.5...

Mankind Pharma to Integrate Bharat Serums &...

Mankind Pharma announces plans to integrate Bharat Serums & Vaccines (BSV). A committee...

Reliance to Issue 1:1 Bonus Shares on Sep 5

You May Like To Read

MORE NEWS