Reliance Industries will issue 1:1 bonus shares to shareholders, with October 28, 2024, as the record date. Shareholders approved the bonus issue and an increase in authorised share capital. The authorised share capital will rise from Rs 15,

Reliance Industries Limited (RIL) has fixed October 28, 2024 (Monday) as the Record Date for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company.

Since its last bonus shares in 2017, the RIL scrip has delivered 273 per cent return and stood at Rs 2,709.40 on Wednesday against Rs 725.65 on September, 7, 2017, the ex-date.

Reliance Industries (RIL) has set the record date for its 1:1 bonus share issue. Post-issue, RIL's authorized share capital will rise to Rs 50,000 crore. Shareholders will see their shares double, enhancing stock liquidity without changing the total investment value.

Reliance Industries received shareholders' approval for 1:1 bonus share and increased authorized share capital. The total percentage of votes cast in favor of the bonus issue resolution was 99.92% with just 0.

Reliance Industries had earlier in September this year had announced a bonus issue in the ratio 1:1. Though the company has already fixed the credit date for the aforesaid issue, the record date is yet to be announced.