Reliance Industries Limited has officially announced that Monday, October 28, 2024, will be the Record Date for its highly anticipated bonus share issue. The bonus shares will be issued in the ratio of 1:1, meaning shareholders will receive one additional equity share for each share they currently hold.
This follows the approval of the bonus share issue by shareholders in September 2024, as previously communicated by the company.
Shareholders whose names appear on the company’s records as of the Record Date will be eligible to receive the bonus equity shares. This move is part of Reliance’s ongoing efforts to enhance shareholder value and reward long-term investors.
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