Reliance Industries issues bonus for shareholders

This marks the group's sixth bonus issue since its IPO.

Reliance Industries Limited (RIL) has approved the issuance of bonus shares for every shareholder holding one fully paid equity share.

This marks RIL’s sixth bonus issue since its IPO and the second during its "golden decade" from 2017 to 2027.

RIL previously issued bonus shares in 2017, followed by a rights issue in 2020, and a demerger in 2023. This will be the largest bonus equity share issuance in India’s equity market.

“The issuance and listing of bonus shares will coincide with the upcoming festive season in India, serving as an early Diwali gift to our esteemed shareholders,” the company said.

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