Mukesh Ambani-led Reliance Industries Limited will give one share bonus on one share. In the information given by Reliance, it was said that the Board of Directors of the company had given approval for bonus of one share on 1 share in the Annual General Meeting (AGM). This means that eligible investors will get an additional one share from the company for every share with a face value of Rs 10. In such a situation, it is expected that the company can give a big gift to the investors before Diwali. Let us tell you, however, Reliance Industries has not yet announced the record date for the bonus issue.
Record date may be announced by Reliance Industries
The board meeting of this company of Mukesh Ambani is to be held tomorrow i.e. on 14th October. In this meeting, the record date for the bonus issue can be announced by the company. On the same day, the company can announce the results of the second quarter and the first half of the current financial year. Company shares will be in focus tomorrow.
As per SEBI rules, the trading window in securities of Reliance Industries is closed from October 1. It will remain closed for 48 hours even after the company’s financial results are out.
The company had given bonus shares in 2017
Reliance Industries had given bonus shares in 2017. Then the company gave one share bonus on one share. In 2009 also the company had given bonus shares to investors. Even then Reliance Industries had given 1 share bonus on 1 share. Let us tell you, on August 19, 2024, the company was traded as ex-dividend. Then the company had given a dividend of Rs 10 on every share.On Friday, the company’s shares closed at the level of Rs 2742.20. The 52 week high level of the company is Rs 3,217.90 and 52 week low level is Rs 2,221.05.
