Reliance Industries' board will discuss a potential 1:1 bonus share issue on September 5th.
Reliance Industries' board will discuss a 1:1 bonus share issue on September 5th, which could potentially reward existing shareholders with additional shares at no extra cost based on their current holdings. The bonus shares, if approved, would be funded by capitalizing the company's reserves and aim to increase liquidity and accessibility to the stock market for a broader range of investors. This decision could impact the stock's performance and investor sentiment.
August 29, 2024
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